Increasing levels of risk in new product development

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1. Why companies are faced with increasing levels of risk in new product development (NPD) today? Explain how to mitigate such risks in NPD using variety of strategies. Please provide an example for each risk mitigation strategy. Write a short paragraph defining Environmental Scanning and the objectives pursued by proactive scanners. Please provide a real-world example.

2. Express your thoughts of the meaning of the framework and themes, as well as how they seem to have bearing on the making of policy at the federal, state, municipal and health care organizational levels.

Reference no: EM132285771

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