Reference no: EM131283948
Strategic Marketing- W4-A2 (USE WALMART AS THE ORGANIZATION)
Presume that the organization you selected Walmart. (USE Walmart as the Organization).
Developing the New Product/Service
1. Assess the types of stakeholders involved in the development process for the product/service of your chosen company (Walmart).
2. Evaluate the impact of key inputs from stakeholder groups on new product/service development efforts.
3. Analyze the role these key stakeholder groups can play in contributing to the success of a new product/service.
4. Justify at least two persuasive strategies that can be used to engage stakeholders in new product/service development projects.
5. Assess the key competitive advantages that utilizing the current trends in information technology (IT) will deliver to the area of new product/service development.
Present your analysis as a 3- to 4-page report in a Microsoft Word document formatted in APA style.
On a separate page, cite all sources using APA format.
Describe the specific characteristics of the company
: Explain why you chose that particular company. Describe the specific characteristics of the company; for example: which markets they operate in and where their investments have been focused to date.
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Information for planning further continuous improvement
: Identify mistakes that have been made while working on your project. Explain what your group has learnt from the project and list the changes you would make when planning similar project in the future.
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Impact of key inputs from stakeholder groups on new product
: Assess the types of stakeholders involved in the development process for the product/service of your chosen company (Walmart). Evaluate the impact of key inputs from stakeholder groups on new product/service development efforts. Analyze the role thes..
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