NEW PRODUCT DEVELOPMENT PROPOSAL An assignment in Marketing Management Submitted to Prof. Semila Fernandes BY Avik Chattopadhyay 13020841 Jerin George 13020841078 Neha Venkateshan 13020841 Priyanka Manchanda 13020841097 Srushti Shah 13020841107 Suraj Garg 13020841116 SECTION B BATCH OF 2013-2015 TABLE OF CONTENTS 1. Introduction to the product and company mechanism
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Product Life Cycle stages Examples Decline: Hindustan Motors Ambassador HM decides to increase sales of their age old classic model – Ambassador in the country. They are planning to sell 12‚500 units this year with the introduction of their new fuel efficient engine. This engine will be compliant with the Bharat Stage 2 & 3 emission norms. It’s probably delivering the mileage of 16 km/l against a 11 km/l mileage from the existing diesel engine. Hindustan Motors plans to invest Rs 6 crores in
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Table of contents Page.NO 1.0 Introduction---------------------------------------------------3 2.0 Discussion----------------------------------------------------3 2.1 The common trait between Stelios Haji-Ioannou and Richard Branson 2.1.1 Propensity to take the risk---------------------4 2.1.2 Persistence---------------------------------------5 2.1.3 Leadership----------------------------------------6
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TABLE OF CONTENTS ACKNOWLEDGEMENT …………………………………………………………………… APPROVAL LETTER ……………………………………………………………………. EXECUTIVE SUMMARY…………………………………………………………………….. THE CHALLENGE ……………………………………………………………………… • Product concept and description ………………………………………………… • Characteristics ………………………………………………………………….. • Strategies to be implemented……………………………................................ • Company’s strategic goals …………………………………………………...... SITUATIONAL ANALYSIS…………………………………………………………………. • Company
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Filipinos eat at least six times a day despite of our economic conditions. We have our complete meals‚ breakfast‚ lunch‚ dinner and snacks in between plus a snack at midnight. Now what could be the next deliciously new thing for Filipinos? The opponents will be developing a product that will suit the taste of every Filipino. Researchers chose to study and develop Coco-Banana cupcake to develop the process of producing Coco-Banana cupcakes through adding desiccated coconut and coconut
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Do HR departments have the right strategies to select‚ develop‚ manage and retain knowledge workers? As Peter Drucker recently quoted‚ the new knowledge economy will rely heavily on knowledge workers who are not‚ as a rule‚ much better paid than traditional skilled workers but also see themselves as professionals. Knowledge technologists are likely to become the dominant social and perhaps‚ political force over the next decades. Thus‚ it is very important to have the right strategies in place
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New Product Development Processes -1ZZ32 Assignment 1 (19 February 2013) Develop two novel ideas for new smart‐phone applications (i.e. can be for I‐Phone‚ or Android based devices or in general for all smart‐phone types). Please try to be creative as much as possible while elaborating on this. Try to differentiate your new products (applications) from the existing applications on the IT‐telecom market. For each application please answer & discuss the
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and Manufacturing of New Product Candi Boley American intercontinental university Scenario information: From the scenario given I have recovered some of the following information about the topic. The first thing about this scenario is that this person is an inventor and has an idea on a new product they would like to develop. Although I was given this information‚ they failed to stretch their information by giving me details about the product they would be developing. The scenario has told
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Managing New Product Development and Supply Chain Risks:The Boeing 787 Case TABLE OF CONTENT 1.0 Introudiction 1 2.0 The 787 dreamliner’s unconventional supply chain methods 1 2.1 More outsourcing 3 2.2 To reduce the direct supply base 3 2.3 To reduce the financial risks 4 2.4 To increase production capacity 4 3.0 The Dreamliner ’s supply chain risks 5 3.1 Supply risk 5 3.2 The process of risk 6 3.3 Risk management 6 3.4 Labor risk 6 4.0 Boeing ’s risk assessment 7 4.1 To ease the supply risk
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The Innovative and New Product Development (NPD) Improving and updating product lines is crucial for the success for any organization. Failure for an organization to change could result in a decline in sales and with competitors racing ahead. The process of NPD is crucial within an organization. Products go through the stages of their lifecycle and will eventually have to be replaced There are seven phases of new product development. The approach of the three companies to NPD will be analyzed
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