Concept for invention or an update to an existing product

Assignment Help Operation Management
Reference no: EM131228377

Based on what we learned, come up with a product and a selling concept for an invention or an update to an existing product. Why should people buy it? Who is your audience (the buyers)? Is the price above or below market? What would be your sales pitch or dialogue with the Sharks? What if they resisted your sales pitch? These are just a few of the questions you should answer. Type at least 3-5 paragraphs describing in detail your strategy based on what you learned so far in this course. Cite sources appropriately.

Reference no: EM131228377

Questions Cloud

Different from statements about company strategies : What is a mission statement for a company? How is it different from statements about company strategies? Conduct researchon the Internet and describe the mission statement for a fortune 500 company.
Dimensions affect how managers use work groups : How might the cultural differences in Hofstede’s dimensions affect how managers use work groups, develop goals/plans, reward outstanding employee performance, and deal with employee conflict?
Succeeding in a global market : Through online research discuss Johnson and Johnson's approach to succeeding in a global market. How have they incorporated elements of Wild and Wild’s four steps in the market screening process? If they have not considered international opportunitie..
Effects-applications of various organizational structures : EDIT QUESTION Base on the artilce "Hiring the very Best" by Tracy Mullin (2005) Based on the article, consider the approaches to organizational design. Analyze the effects and applications of the various organizational structures and levels of author..
Concept for invention or an update to an existing product : Based on what we learned, come up with a product and a selling concept for an invention or an update to an existing product. Why should people buy it? Who is your audience (the buyers)? Is the price above or below market?
What characteristics of flexible work arrangements : The Pursuit of Happiness: Flexibility The management team at Learner’s Edge, an online continuing education company, decided to adopt a ROWE (results-only work environment) policy, developed by Best Buy employees and summarized in its slogan, “Work w..
What is your operational definition of the happiness factor : What is your operational definition of the ‘happiness factor’? How can a leader measure employees’ happiness? What are some leadership tools that may foster happiness in the workplace?
Formula of studying excellent organizations continues : The deficiencies of popular business books such as In Search of Excellence were identified decades ago, yet the formula of studying “excellent” organizations continues to be a commercial success for authors. Why can authors still sell business books ..

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd