Question -1: Mr. Ahmed, is in-charge for developing new products in an electronic goods manufacturing company. The top management of the company has directed him to develop new products to match with the customer requirements. Assume that you are recruited as a consultant for this company to help Mr. Ahmed in developing a new product. Explain how you will develop a new product by following the stages involved in it. OR

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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Question -1: Mr. Ahmed, is in-charge for developing new products in an electronic goods manufacturing company. The top management of the company has directed him to develop new
products to match with the customer requirements. Assume that you are recruited as a consultant for this company to help Mr. Ahmed in developing a new product. Explain how you will develop
a new product by following the stages involved in it.
OR
Question-2: Assume that you are one of the team members of a retail organization looking for locating a new branch in Sharjah. As a member of the team, explain what factors you would like to
recommend to the team to consider for deciding about selecting a location for its new branch.
I
三
Transcribed Image Text:Question -1: Mr. Ahmed, is in-charge for developing new products in an electronic goods manufacturing company. The top management of the company has directed him to develop new products to match with the customer requirements. Assume that you are recruited as a consultant for this company to help Mr. Ahmed in developing a new product. Explain how you will develop a new product by following the stages involved in it. OR Question-2: Assume that you are one of the team members of a retail organization looking for locating a new branch in Sharjah. As a member of the team, explain what factors you would like to recommend to the team to consider for deciding about selecting a location for its new branch. I 三
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