Where do ideas for new products come from

Assignment Help Management Theories

Reference no: EM131459530

Question: Where do ideas for new products come from? New product development begins with ideas from many sources: suggestions from customers, the sales force, research and development specialists, and assessments of competing products, suppliers, retailers, and independent inventors.

Reference no: EM131459530

Questions Cloud

How does your community impact the pillars : What have you read about how the economy impacts each ofsociety's pillars today? How does your community impact the pillars?

Who are consumer innovators : Who are consumer innovators? Consumer innovators are the first buyers of new products-people who purchase new products almost as soon as these products.

How many days on average does car stay in dealers warehouse : For how many days on average does a car stay in the dealers warehous?

Identify the major problems including their causes : Identify the major problems including their causes in this section. This section evaluates potential solutions for the identified key problems.

Where do ideas for new products come from : Where do ideas for new products come from? New product development begins with ideas from many sources: suggestions from customers.

Describe how an arbitrage situation resulting in profit : A two yr. treasury bond has annual coupon pmts. Describe how an arbitrage situation resulting in a profit at the end of two years could be developed.

Company have to wait before expanding its operations : Meadow Brook Manor would like to buy some additional land and build assisted living center. How long does company have to wait before expanding its operations

Influence the internal environment : Compare and contrast how a company's organizational culture can positively - and negatively - influence the internal environment.

What is concept testing : What happens in the commercialization stage? When a new-product idea reaches the commercialization stage, it is ready for full-scale marketing.

User Account

All Pages