Stages of new product developmentjenny wood was already

Assignment Help Business Management
Reference no: EM13370144

Stages of New Product Development

Jenny Wood was already selling Jenny's Country Kitchen gourmet cocoa mixes at local fairs and craft shows when she came up with the idea for flavored creamers for coffee. She developed nine different flavors of creamers, including raspberry mocha and cherry vanilla. Response to the creamers was so good, Wood decided to rent a small manufacturing facility, hire employees, and an experienced manager. Her continued success brought her to the attention of some national retailers who were interested in carrying her product. National exposure on the QVC shopping channel gave the business a big boost in customer awareness.

1. Once Wood had a list of potential creamer flavors, she hired a food scientist to eliminate the flavors that would not mix well together, and those that were impractical because of logistical problems or high expense. Which stage of product development is Jenny Wood in now? Describe the 8 stages of new-product development with respect to Jenny Wood and her flavored cream with coffee. Write two paragraphs on what you imagine would she have done in these stages?

2. At this time, most adopters of Jenny's Country Kitchen flavored creamers fall into the category of early majority. Do you agree? Give suitable reasons.

Reference no: EM13370144

Questions Cloud

External influences affects on businessexamine the dynamics : external influences affects on businessexamine the dynamics created by organizations external to the business e.g.
Purchase of insurancethe main reason that diversified : purchase of insurancethe main reason that diversified shareholders might not want their corporate managers to purchase
Information related to reputation managementthe practice of : information related to reputation managementthe practice of caring for the image of a firm is sometimes referred to as
Managing change in organisationplease find the attached : managing change in organisationplease find the attached file for the case of hsbc and please advise me about the
Stages of new product developmentjenny wood was already : stages of new product developmentjenny wood was already selling jennys country kitchen gourmet cocoa mixes at local
Important information about job descriptions1 what are some : important information about job descriptions1 what are some of the reasons your organization or the one you are
Profit-sharing versus coladescribe the difference between : profit-sharing versus coladescribe the difference between profit-sharing plans and colas and do you believe
Discussing women and hiring do women get all the : discussing women and hiring do women get all the breaks?details imagine that someone you know says they are tired of
Decisions in paradiseread the business scenario decisions : decisions in paradiseread the business scenario decisions in paradise how to be or not to be from mgt 350 critical

Reviews

Write a Review

Business Management Questions & Answers

  Corporatio rid of the variability in its lead-time per order

Suppose the corporation could pay C dollars per year to get rid of the variability in its lead-time per order. Illustrate what is the most it would be willing to pay to do this (and still have a 95% service level)?

  Type of leadership approach

Does culture and gender play a role in how a leader handles the situational differences? How is decision making affected by this type of leadership approach?

  Policy outcomes1 construct constitutive and operational

policy outcomes1. construct constitutive and operational definitions for any three of the actions and outcome variables

  Facilities management design in hospitality and tourism

What preventive maintenance efforts are needed for the structural frame of a building? Of these efforts, which do you perceive as being the most important? Why?

  Methodologyhow does the adoption of a particular

methodologyhow does the adoption of a particular methodology affect the researchers choice of methods for data

  Principles of management barriers inhibiting getting

principles of management barriers inhibiting getting infoessay questionwhat barriers exist in your working or school

  Compute lawrence''s ear on his investment in google

compute Lawrence's EAR on his investment in Google to illustrate a multiyear perspective. Lawrence bought the Google stock for $200,000 and held it for three years before he died.

  Illustrate what is her portfolio beta

If these are the only two investments in her portfolio, illustrate what is her portfolio's beta? Round your answer to two decimal places.

  Description of learning organization

Prepare an essay where you apply the five terms listed above to a critique of management in either a past or present workplace.

  Alternative market coverage strategies

Describe the different approaches in the undifferentiated marketing, differentiated and concentrated. Then imagine compete with Starbucks, the marketing manager of a new high-end coffee shop.

  Explain the five phases of a project

Determine why this project might be implemented and explain the five phases of a project

  How external operating environment factor affect performance

Consider a specific sector of the transportation industry airlines, railroads, trucking, shipping, or multimodal.

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