Products are on the product life cycle curve

Assignment Help Operation Management

Reference no: EM131232866

Imagine that you're a product analyst working in a consulting firm. Your job is to evaluate where various products are on the product life cycle curve. Pick three products with the following characteristics: a. Product 1 has been around for more than 25 years with little change. b. Product 2 was released relatively recently, in the last two or three years. c. Product 3 was released very recently, in the last two or three months. 3. Write a two-page (500- to 750-word) paper that uses two additional resources other than your textbook and that addresses the following prompts: a. Describe these products and the products’ target audiences. b. Determine where each product is today in its product life cycle. c. Explain the elements of the product life cycle you used to determine where each of your selected products was in the product life cycle. d. Outline any ethical considerations the companies you are consulting for might face. 4. When you have completed your assignment, save a copy for yourself and submit a copy to your instructor using the Dropbox by the end of the workshop.

Reference no: EM131232866

Questions Cloud

How many different three digit numbers are possible : Suppose that there is a lottery where you select 3 different numbers between 0 and 9. A digit cannot be selected twice so you can select 123 but not 112. How many different three digit numbers are possible

Create sustainable international trade : How can supranational organizations like the WTO, governments, NGOs (non-governmental organizations) and businesses work together to create sustainable international trade? Provide at least two strategies or methods in your reply.

Describe the input-output transformation : Describe the input-output transformation and provide examples of feedbacks and controls: Provide a short description of the specific meaning of flow time (T), flow rate (R), and inventory level (I) for the following three scenarios.

Describe an effective decision-making process : Describe an effective decision-making process from your current or former workplace. This process could have taken place within your department/team or at the organizational level. Focus on describing the process, rather than the actual decision or t..

Products are on the product life cycle curve : Imagine that you're a product analyst working in a consulting firm. Your job is to evaluate where various products are on the product life cycle curve. Pick three products with the following characteristics: Product 1 has been around for more than 25..

Footing amid rising unemployment-constricted credit : As the world continues to struggle to find its footing amid rising unemployment, constricted credit and crumbling banks and industries — raising questions about how the economic system collapsed — PBS presents Niall Ferguson’s ASCENT OF MONEY.

Firm manufactures surgical instruments for hospitals : Your firm manufactures surgical instruments for hospitals around the country. You could strengthen your customer relationships by offering additional hospital products, but your company lacks sufficient capital to expand its production capabilities. ..

How many balls of each type will matchpoint product : Matchpoint Company produces 3 types of tennis balls: Heavy Duty, Regular, and Extra Duty, with a profit contribution of $24, $12, and $36 per gross (12 dozen), respectively. How many balls of each type will Matchpoint product? Which constraints are ..

Consumers and businesses exhibit joint demand for products : Your firm is successfully marketing jellies and jams to restaurants in the Northeast, and now you want to expand into the Midwest. However, your selling team has warned that high unemployment in the region is likely to hamper initial sales. Consumers..

User Account

All Pages