Idea generation for new product, Business Management

Assignment Help:

Ideas for new products can be obtained from customers (employing user innovation), the company's R&D department, competitors, focus groups, employees, salespeople, corporate spys, trade shows, or through a policy of Open Innovation. Ethnographic discovery methods (searching for user patterns and habits) may also be used to get an insight into new product lines or product features.

Formal idea generation techniques can be used, such as attribute listing, forced relationships, brainstorming, morphological analysis and problem analysis

We have generated following ideas regarding new product. Team of research and development department decided to introduce some innovative product in the market. Team members has generated following ideas through brainstorming technique.


Related Discussions:- Idea generation for new product

Describe five benefits of performing a quality audit, QUESTION Before d...

QUESTION Before designing a Total Quality Management system for an organisation, a quality audit is a must. (a) Describe five benefits of performing a quality audit. (b)

Nature of the key organisation, The aims of this assignment are for you to:...

The aims of this assignment are for you to: Develop your understanding of the nature of the key organisation perspectives and their related theories. Demonstrate an understa

What is meant by focused differentiation, ? A) Concentrating on a particula...

? A) Concentrating on a particular feature of a product or service to attain differentiation ? B) Concentrating on differentiation as the primary means of achieving competitive

Disadvantages of outsourcing for an organisation, Explain FIVE main disadva...

Explain FIVE main disadvantages of outsourcing for an organisation. Surrender of core competence The services may show (or contribute to) a core competence for the organis

Definition of 5s, 55 is a participative programme. It is a effective appro...

55 is a participative programme. It is a effective approach of improving the work environment and total quality. It become a base for continuous improvement in the organizatio

Classic principles for successful operation of a business, QUESTION For...

QUESTION For the success in the implementation of any business information system, one has to become familiar with the enterprise and understand its objectives in order to prod

What is perception, QUESTION Modern psychology approaches the analysis ...

QUESTION Modern psychology approaches the analysis of behaviour in several ways. One focuses upon an analysis of the fundamental processes of perception, cognition, movement, l

Problem based on Deregulation in india, a) Some of the dangers/risks might ...

a) Some of the dangers/risks might include: Cultural differences -British and American businesses may not be aware of the norms and cultures in India. For example, the clot

Goals of business process reengineering, Goals of Business process reengine...

Goals of Business process reengineering - The goals of business process Reengineering is as follows: - A) To reduce time B) To reduce cost C) For customer satisfaction

Write Your Message!

Captcha
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