Consider the following scenario:
Develop a written proposal outlining a specific product or service idea you have for Triangle Solutions. Triangle's company type and product area have been left unspecified in order to allow you creativity in invention of your own product ideas and exploration of areas of interest in the market. You may not use the same area or idea used in previous assignments.
Part 1: Proposal
Your professional proposal should describe a new product idea in detail, giving brief consideration to the feasibility of the following categories:
- the industry
- market size
- team requirements
- scalability of product
- financials (whether or not the product can be sold for more than it costs to make a potential profit)
Your product idea must pass feasibility tests for it to be a viable product idea. Future class assignments will further investigate each of these areas in greater depth and will build from the information you identify and deliver within this assignment.
Part 2: Subsidiary Company
Then, provide the strategy to be employed to get ideas implemented internally, or describe the reasons why a product idea should be spun off into a new subsidiary company owned by Triangle Solutions. Important aspects of this outline are as follows:
- The practical definition of the multidisciplinary team that the product idea requires describing the different types of team members needed and their respective skill sets where one would find them for an intrapreneurial versus entrepreneurial approach.
Make sure that all reference are done in APA style.© BrainMass Inc. brainmass.com October 10, 2019, 3:08 am ad1c9bdddf
This proposal will analyze the new product from Triangle Solutions that deals in carpet product accessories. The product name will be called 'The Triangle Solutions - Carpet Cleaner All-in-One Spray and Brush.' It is a carpet cleaner bottle with a spray that works through the brush - all-in-one. This analysis will cover the present products out in the industry and how the new product will work. It is based on the idea of other carper cleaners. It will also cover the rational for creating this brand.
Triangle Solutions - Carpet Cleaner All-in-One Spray and Brush
Triangle Solutions makes carpet cleaners ranging from commercial to residential use. There are many brands out there that are spray carpet cleaners such as Resolve, Scotchgard, and Oxy name a few. These companies have all done very well selling household spray carpet cleaner. These brands come in all strengths from industrial to residential.
Triangle Solutions has produced a new product similar to the sprays mentioned, but this one has a major improvement of a brush. The new product is called: "Triangle Solutions - Carpet Cleaner All-in-One Spray and Brush." The spray comes through the brush to the carpet and then you can gently rub the spot with the brush that has the solution on it. The strength of this product would be industrial to start. The reasoning for this is to offer it to commercial businesses that might have a spot or one area that needs to be treated. Additionally, the brush can be removed in order to saturate the area with the carpet cleaner and then replaced when done. The bottle size of this product would be 32oz standard and gallon size liquid bottles.