Find good ideas by researching competitors products-services

Assignment Help Operation Management
Reference no: EM131483396

Companies find good ideas by researching competitors’ products and services. Select one consumer product category with which you are familiar, either because you or a family member or friend purchase it or use it frequently (for example: shampoos, carbonated beverages, snack foods, baked goods-- if you have a question about whether the category qualifies, just ask).

Suggest one incremental innovation that you would like to see for the product/category chosen. For example, would you prefer a different form of bottling for shampoos? A different flavor for soft drinks—cola flavored chips, for example. Do any of the items in your research have glaring weaknesses as in its cleaning properties, smell, or taste that a company can improve upon?

Link your suggestion to an unmet consumer need. State why you think others might have this same need?

Why is competitive research so important for companies to undertake?

Reference no: EM131483396

Questions Cloud

Design a total rewards program based existing organization : In this final assignment, you will design a total rewards program based on an existing organization that you have studied earlier in the course.
Maintain a competitive advantage : The ultimate goal of effective strategic management is to achieve and maintain a competitive advantage (David, 2013).
What percentages of students fall under the mean : The mean store for an exit test at an urban high school examination was 68% with a standard deviation of 3. Given these results, what percentages of students fall under the mean? a. 25% b. 50% c. 60% d. 75%
Why are supply shocks so much harder than demand shocks : Why are supply shocks so much harder than demand shocks for monetary policy to adjust to? Use the graph below to show your answer to this question.
Find good ideas by researching competitors products-services : Companies find good ideas by researching competitors’ products and services.
Is not somewhat similar to what monetary policy makers face : When NASA scientists were operating the Mars rovers, remotely driving them across the Martian landscape to collect and analyze rocks and crevices.
Critique or defend dsms competitive advantage : Select three (3) drivers, and examine the central manner in which DSM management has aligned its business strategies to performance measurement.
Design a binary finite state automaton : Design a binary finite state automaton (FSA) to accept all strings that represent valid messages (for your particular codes and parity property) and reject all others
The team that is not a team : In the Discussion you addressed the unproductive team that needs motivation. You reviewed leadership in the Reading area.

Reviews

Write a Review

Operation Management Questions & Answers

  Air-to-ground radio communication units special-order basis

Susan Tanks, manager of a division that produces air-to-ground radio communication units on a special-order basis, was excited about an order received from a nearby military base for 10,000 radio units. The military agreed to pay full manufacturing c..

  Which the inference-observation confusion occurred

Describe an incident , possibly involving yourself, in which the inference-observation confusion occurred. analyze specifically why it occurred, what might have been done to prevent its occurrence, and what measures would prevent its recurrence.

  Examine and evaluate a specific organizations behavior

To examine and evaluate a specific organization's behavior from an ethical and social responsibility view point

  Power laser systems-what is cost expected to be for unit

Lazer Technologies Inc. (LTI) has produced a total of 20 high-power laser systems that could be used to destroy any approaching enemy missiles or aircraft. The 20 units have been produced, funded in part as private research within the research and de..

  Create set of use cases for the process of buying glasses

Create a set of use cases for the process of buying glasses from the viewpoint of the patient, but do not bother to identify the steps within each use case.

  Determine the optimum number of production runs

Boxes Inc. sells sell type EZ cardboard shipping boxes. The firm requires 500 boxes each week, and it meets this demand with a production capacity of 100 boxes per day (Monday thru Friday). Determine the optimum number of production runs. What is the..

  Formulate linear program to determine investment strategy

Bert Humphries has left his home in a small town in rural manitoba and moved to toronto to enroll in a 4-year undergraduate program in economics. Bert is planning an investment strategy for the 4-year period, with the goal of having the largest possi..

  Managers with a reflective decision-making style

Which of the following is true of managers with a reflective decision-making style?

  Statutorily protected employee organizations under the act

What are statutorily protected employee organizations under the Act? What standards does the NLRB apply to determine weather a group is an employee organizations for purposes of the act?

  What are the objectives of work-center scheduling

What are the objectives of work-center scheduling?

  Hospital medical staff office at the rural outreach

You are the assistant director of the hospital medical staff office at The Rural Outreach Community Hospital in a tiny town in Arkansas. It is your job to verify physician credentials for staff privileges

  Prepares monthly inventory reports

The home office billing department of a chain of department stores prepares monthly inventory reports for use by the stores purchasing agents. Given the following information use the critical path method to determine: How long the total process will ..

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