Product Development process
Not what you're looking for?
In an attempt to learn more about the product development process I have prepared the following hypothetical scenarios. Please provide a unique response based upon your experience/expertise in this field as it will provide a strong foundation upon which I will build my understanding of product development.
Please either create a new product/service in an existing industry OR
Identify a new marketplace for an existing product/service.
Having done this, please justify why you made that particular scenario choice. Identify two potential challenges and/or opportunities that may arise while developing this product/service.
Thank you
Purchase this Solution
Solution Summary
Introducing Video phones( Land line phones with ability to see each other) in the telecommunication industry.
Solution Preview
New product in an existing industry:
Introducing Video phones( Land line phones with ability to see each other) in the telecommunication industry.
The development of this product on a commercial scale can be a revolution in the telecommunication industry. Till date, we have been only hearing voice of the caller on the other side. If this product will be introduced in the market, people will be ...
Education
- BCom, SGTB Khalsa College, University of Delhi
- MBA, Rochester Institute of Technology
Recent Feedback
- "Thank you. "
- "Thank you"
- "Thank you. I got 20/20 last week for my discussion you help me out with."
- "Thank you. Great Job. "
- "Thank you. Great Job. "
Purchase this Solution
Free BrainMass Quizzes
Balance Sheet
The Fundamental Classified Balance Sheet. What to know to make it easy.
Writing Business Plans
This quiz will test your understanding of how to write good business plans, the usual components of a good plan, purposes, terms, and writing style tips.
Basics of corporate finance
These questions will test you on your knowledge of finance.
Learning Lean
This quiz will help you understand the basic concepts of Lean.
Marketing Research and Forecasting
The following quiz will assess your ability to identify steps in the marketing research process. Understanding this information will provide fundamental knowledge related to marketing research.