Conduct product-service feasibility analysis

Assignment Help Operation Management
Reference no: EM132086408

In a recent entrepreneurship class, Steven Milton has been assigned by his professor to conduct a product/service feasibility analysis. He is to propose a product or service that might be useful to students on campus. The analysis should include an assessment of the overall appeal of the product or service being proposed. Steven should include the following questions in his analysis to determine the appeal of his product or service. Does the product/service make sense? Does it solve a problem or fill a gap in the market? Is it suitable to introduce the product/ service right now?

Are there any flaws? As a friend to Steven, help him to propose a suitable product/ service to the intended target market and conduct a product/service feasibility analysis based on his proposal.

Reference no: EM132086408

Questions Cloud

Air traffic controllers strike background : Did the union use “fair” or “ethical” negotiation tactics? Explain. 2. Was the government’s response to the strike fair and appropriate? Explain.
Better world books and the triple bottom line : What are the “Better World Books and the Triple Bottom Line” resources and capabilities? Do they lead to a sustained competitive advantage (VRIO analysis)?
Describe how your oral communication of this policy : Describe how your oral communication of this policy would be similar to and different from the written communication.
Primary characteristics of organization culture : Identify and briefly describe three of the 10 primary characteristics of organization culture
Conduct product-service feasibility analysis : In a recent entrepreneurship class, Steven Milton has been assigned by his professor to conduct a product/service feasibility analysis.
How does knowledge of management information systems : How does knowledge of management information systems affect you and your career potential?
What is the implementation gap : What is the implementation gap and how does it impact project management? How can it be prevented
Proposals are written by the business development director : Consider a non-profit organization, where grant proposals are written by the business development director.
Some employees of the business to interview : Identify a general manager and some employees of the business to interview. Consider the following when choosing the individuals:

Reviews

Write a Review

Operation Management Questions & Answers

  Define the fields of psychology and sociology

Define the fields of psychology and sociology. How have the fields of psychology and sociology contributed to our understanding of organizational behavior? What is withdrawal behavior? What are some of the forms of withdrawal behavior? What is the ..

  Mid-sized hammer factory to advise management team regarding

Scenario: Imagine that you are an economist, and that you have been hired by a mid-sized hammer factory to advise the management team regarding how many hammers they should make in one month. How would you determine whether your recommendations had p..

  Describe four different types of auctions

What frequently makes the difference between profitable and unprofitable online businesses today? List and describe four different types of auctions.

  Analysis can be proactive or reactive

A needs analysis can be proactive (planned in advance for a future performance gap) or reactive. What would the outcome be if no needs analysis was conducted?

  Canadian motorcycle company

The Canadian Motorcycle Company (CMC) has determined that its customers are very price-sensitive, with the number of motorcycles purchased heavily dependent upon the prices set. The company makes two different styles of bike: the high-end Jet and the..

  What are some key challenges in terms of achieving

With respect to a firm's supply chain design, what are some key challenges in terms of achieving an optimal level of mass customization?

  Fraud examination-fraudulent behavior

John Doe, a fraud examiner, has been hired by ABC Corporation to investigate a shortage of cash, which management thinks is being caused by fraudulent behavior. John Doe could spend his time and money pursuing witnesses to the crime or collecting doc..

  Update the software and generally manage the system

Changing perspectives, you are the CIO of a company that has decided to move to Paymaster. Up to this point, the task that PayMaster performs was run on a separate server in the server room. Which of these will still be needed when you move your comp..

  How many calls can the four csrs handle

Assuming a target utilization rate of 70 percent, how many calls can the four CSRs handle during this half-hour period?

  The management model is universal

The Management Model (Planning, Organizing, Leading, Controlling ) is universal. In other words, managers at all levels of all departments in all kinds of organizations use this system

  Managerial accounting differs from financial accounting

In general, managerial accounting differs from financial accounting because it is internally focused as opposed to externally focused. Managerial accounting (or strategic cost analysis) is centered on decision making and the management of the firm.

  Time-series and associative forecasting models

Describe the various types of time-series and associative forecasting models. Which types of organizations are each of these most applicable to, and why?

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