Discuss the Manage product or service development

Order Description

you need choose IKEA as your company to write a report and COVER ALL of the FOLLOWING POINTS.
Module 7: Manage product or service development (5 credits) [optional module]

Unit description
This unit provides students with the knowledge necessary to manage the development of a product or service. They will be able to identify the requirements in managing product or service development as well as assessing the need for any potential development of such products or services

Learning outcomes
At the end of this module, students will be able to

1. Understand the development of a new product or service
To show evidence, students will be able to
a. Analyse the product life cycle of a potential new product or service
b. Assess how buyer behaviour can be influenced and affected
c. Understand what steps are needed in the development of a new product or service

2. Understand the need for a new product or service
To show evidence, students will be able to
a. Identify a gap in the market for a product or service
b. Understand how this gap can be filled
c. Ascertain if there are any reasons for this gap not already having been filled
d. Understand customer demand for this new product/service
e. Assess the theory behind how market forces can dictate sales

3. Manage the development of this new product or service
To show evidence, students will be able to
a. Assess the costs of developing this new product or service
b. Evaluate the potential profitability
c. Understand what changes would be needed within the organisation to enable this new product or service and whether the cost is worthwhile.

4. Evaluate the success this new product or service
To show evidence, students will be able to
a. Devise a set of criteria by which the success of this new product/service can be measured
b. Evaluate what changes could be made to the process for future product or service development
Currently 0 writers are viewing this order

Place a similar order with us or any form of academic custom essays related subject and it will be delivered within its deadline. All assignments are written from scratch based on the instructions which you will provide to ensure it is original and not plagiarized. Kindly use the calculator below to get your order cost; Do not hesitate to contact our support staff if you need any clarifications.

Type of paper Academic level Subject area
Number of pages Paper urgency Cost per page:
 Total:

Whatever level of paper you need – college, university, research paper, term paper or just a high school paper, you can safely place an order.


Last Completed Projects

# topic title discipline academic level pages delivered
6
Writer's choice
Business
University
2
1 hour 32 min
7
Wise Approach to
Philosophy
College
2
2 hours 19 min
8
1980's and 1990
History
College
3
2 hours 20 min
9
pick the best topic
Finance
School
2
2 hours 27 min
10
finance for leisure
Finance
University
12
2 hours 36 min