Interests in terms of implementing a compensation system

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1. As you may know, many new products fail to make it and now suppose you are the product manager responsible for a horrible product failure (e.g. Bic’s disposable underwear, etc…), but in your wisdom, you are evaluating why the product failed. What factors would you consider in your evaluation? What actions could you have taken to prevent the failure? Does product innovation need a willingness to accept failure?

2. Name two stakeholders, then compare and contrast their roles and interests in terms of implementing a compensation system.

Reference no: EM132285493

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