Reference no: EM13869442

Assignment : Discussion Question-The Product Planning and Development Process

Before beginning work on this week's discussion forum, please review the link Doing Discussion Questions Right, the expanded grading rubric for the forum, and any specific instructions for this week's topic.
Using proper APA format, support your answers with scholarly research, examples, and evaluation. Appraise your peers' postings and provide substantive feedback.

Evaluate and comment on the postings and views of at least two peers concerning their rationales and examples used to justify their responses.

Discussion Question

Trace a real or hypothetical new product through the steps in the new product development process, including idea generation, concept verification and testing, actual development, and test marketing. Discuss the establishment of "go/kill" points, meaning the criteria used to determine whether to proceed with the new product idea or abandon it at various stages in the process.

The idea generation stage should include potential sources of ideas such as trend monitoring, serendipity, or customer focus groups.

The concept testing stage should include possible modifications based on feedback from potential customers, such as asking customers how this new product idea compares with present ways of the need the new product is intended to satisfy.

The final paragraph (three or four sentences) of your initial post should summarize the one or two key points that you are making in your initial response.

Your posting should be about 1 page (400 to 500 words) in length.