During which stage of new product development do you think focus groups would be the most helpful? Explain.

Answers

Answer 1
With 75% of venture-backed startups set to fail and 50% of S&P 500 companies expected to be replaced in 10 years, we’re all feeling the heat to improve our speed and agility in the face of booming competition. In our quick guide, Mastering the New End-to-End Process to Transform Product Development, you’ll learn how to implement Product Pipelines to achieve outsized market success.

This new product development process quick guide covers topics such as:
How using product pipelines and consumer adoption intersect
A case study on new product development process using Netflix and Tesla
Applying the commercialization process of product development to existing products or groups of products
Answer 2

During 75% completion stage of new product development, focus groups would be the most helpful.

What is the role of Focus Groups?

Focus groups are used in research primarily to collect data about respondents' attitudes, feelings, beliefs, experiences, and reactions in ways that are not possible with other techniques, such as observation, one-on-one interviews, or questionnaire surveys.

A new product release is a serious undertaking. If the product does not sell as anticipated, the advertising, manufacturing, and inventory costs were all for nothing. It's critical to follow a step-by-step method while creating a product before releasing it to the general public in order to prevent this scenario.

Because the maker does not consider the intended consumer's opinion, many goods fail.

Therefore a focus group is a practical tool for gathering consumer opinions when researching a new product.

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Related Questions

How are prototypes helpful to a company’s marketing team?

Answers

Answer:

It allows you to convince your clients: Prototypes allow you to sell your idea and can be tools for your most demanding clients. Experiencing a beta version of the website or app is invaluable, both for you and your customers, as they can view your ideas live.

Explanation:

A financial institution that accepts deposits makes loans and provides other services as a nonprofit organization is called a:
A. Credit Union
B. Retail Bank
C. Title Pawn Lender
D. Payday Lender

Answers

Credit Unions are nonprofit financial institutions that accept deposits, provide loans, and offer other services. As a result, choice (A) is right.

What is meant by a  nonprofit organization?

A nonprofit organization (NPO) or non-profit organization is a legal entity organized and operated for a collective, public, or social benefit, as opposed to an entity that operates as a business with the goal of making a profit for its owners. It is also referred to as a non-business entity,[1] or nonprofit institution,

The non-distribution constraint applies to nonprofit organizations, which means that any surplus funds must be used to further their mission rather than being distributed to other parties.

A wide range of organizations, including certain political organizations, schools, business organisations, churches, social clubs, and consumer cooperatives, are nonprofit. Governments may grant tax-exempt status to nonprofit organizations, and some may be eligible for tax-deductible donations. However, an organization can establish as a nonprofit organization without obtaining tax-exempt status.

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You want to have Br. 10,000,000 when you retire in 40 years. You expect to earn 12% compounded semiannually over the entire 40-year period. How much extra money per month must you deposit if you choose to fund using an ordinary annuity technique rather than an annuity due technique?

Answers

Answer:

You must deposit Br. 54.01 extra per month if you choose to fund using an ordinary annuity technique rather than an annuity due technique.

Explanation:

This can be determined using the following 3 steps:

Step 1: Calculation of monthly deposit under ordinary annuity

Theis can be calculated using the formula for calculating the Future Value (FV) of an Ordinary Annuity given as follows:

FV = Do * (((1 + r)^n - 1) / r) ................................. (1)

Where,

FV = Future value of the amount = Br. 10,000,000

Do = Semiannual deposit under ordinary annuity = ?

r = Semiannual interest rate = Annual interest rate / Number of semiannuals in a year = 12% / 2 = 6%, or 0.06

n = number of semiannuals = Number of years * Number of semiannuals in a year = 40 * 2 = 80

Substituting the values into equation (1) and solve for Do, wee have:

10,000,000 = Do * (((1 + 0.06)^80 - 1) / 0.06)

10,000,000 = Do * 1746.59989136857

Do = 10,000,000 / 1746.59989136857

Do = Br. 5,725.40972286698

Mo = Monthly deposit under ordinary annuity = Do / Number of months in a semiannual = Br. 5,725.40972286698 / 6 = Br. 954.23

Step 2: Calculation of monthly deposit under annuity due

Theis can be calculated using the formula for calculating the Future Value (FV) of an Annuity Due given as follows:

FV = Dd * (((1 + r)^n - 1) / r) * (1 + r) ................................. (2)

Where

Dd = Semiannual deposit under annuity due = ?

Other values are as already defined in Step 1 above.

Substituting the values into equation (2) and solve for Dd, wee have:

10,000,000 = Dd * (((1 + 0.06)^80 - 1) / 0.06) * (1 + 0.06)

10,000,000 = Dd * 1,851.39588485068

Dd = 10,000,000 / 1,851.39588485068

Dd = Br. 5,401.329927233

Md = Monthly deposit under annuity due = Dd / Number of months in a semiannual = Br. 5,401.329927233 / 6 = Br. 900.22

Step 3: Calculation of difference between monthly deposit under ordinary annuity and monthly deposit under annuity due

Difference = Mo - Md = Br. 954.23 - Br. 900.22 = Br. 54.01

Therefore, you must deposit Br. 54.01 extra per month if you choose to fund using an ordinary annuity technique rather than an annuity due technique.

.
Explain to NT the reasons why NGO's and CBO'S form part of the market
environment.​

Answers

Answer:

Explanation:

As a result, NGOs can interface easier with the sector and generally have more access to information and resources, while CBOs are formed by people as a way of responding to the needs and challenges facing their communities.  However, in some instances it is the CBOs that do the work the NGOs receive funding for

The reason for NGO and CBOS for part of the market environment should be explained below.

Reasons:

Since NGOs could interface easier along with the sector and normally have more access to information and resources, while on the othe rhand CBOs are created by people this represent responding to the needs and challenges that are faced by the communities.  But, in some situations,  it is the CBOs that do the work the NGOs collecting the funding.

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an organization whose members have a common cause for which they seek to influence public policy is called an...

Answers

it’s called an interest group

Answer:

interest group

Explanation:

On Sunday, Dawson's flower shop sold 25 arrangements. The materials needed for 25 arrangements cost $250. If he sold each arrangement for $55, what would the net income?

Answers

Answer:

Net Income = $1125

Explanation:

The net income is the difference between the revenue and the total costs incurred to earn that revenue. It can be calculated as follows,

Net Income = Revenue - Total costs

The revenue in the given question can be calculated by multiplying the selling price per arrangement by the number of arrangements sold.

Revenue = 55 * 25

Revenue = $1375

The total cost for materials needed for 25 arrangements is provided and there are no other costs.

Net Income = 1375 - 250

Net Income = $1125

please help with this question :0

Answers

Answer:

darling, soes it have a read?

Explanation:

the bank allows you to borrow money up to a specific amount

Answers

Revolving credit/credit.

Hope I helped you :3

I think my answer is correct :>

Answer:

Revolving credit.

credit.

Explanation:

In "revolving credit", the bank allows you to borrow money up to a specific amount, which is your "credit".

Ph 897.00
780.00
help po​

Answers

Answer: Ph 1,677.00

Explanation:

Judging by the structure of this question, I believe this is an addition problem.

Add the numbers using the method in the picture:

      897.00

   +  780.00

    1,677.00

= Ph 1,677.00

There are costs and benefits to either method of solving a Capitalizing Problem.
True or False?

Answers

Answer:

True.

Explanation:

What is good government??

Answers

Answer:

Al-Rodhan's eight minimum criteria are: 1) participation, equity, and inclusiveness, 2) rule of law, 3) separation of powers, 4) free, independent, and responsible media, 5) government legitimacy, 6) accountability, 7) transparency, and 8) limiting the distorting effect of money in politics.

Explanation:

hope this helps!:)

Which of the following is a benefit associated with regional economic integration?
A. Trade creation
B. Trade diversion
C. Loss of jobs
D. Loss of sovereignty

Answers

Answer:

its b

Explanation:

Answer: The answer is Trade creation

Explanation: I took the test

Ok ok ok I know posted another idea ready for feedback earlier but here's another one.
A bookstore where the different genres are actually themed. So nonfiction would be the main room and to a newcomer, it would be the only thing they saw but if they were to ask where the mystery books were the clerk/employee (this employee would have a very unassuming generic uniform so they don't stand out) would hand them their first clue (all sneaky-like) to find the hidden door to the mystery section! (There would be 3 doors to the room and every month or so the clues and door that is unlocked/can be used to access the mystery room would be changed). The mystery section would be themed kinda like sherlock holmesy, all old stuff and things that would look like clues ("blood" stains, broken lamps, magnifying glasses, books open on the desk et cetera). The fantasy section door would be accessed by pulling a large tasseled cord which would trigger a large bell to ring and the door would pop open close to them. This room would have large "trees" in each corner that have the traits of each season with different ornate lamps hanging from the boughs along with different iconic items from famous fantasy books. To get to the sci-fi section there would just be a LARGE red button with no markers that a person could press to enter the "control deck". After they press the button the doors would slide open and the room would be bathed in red light with a voice playing over the loudspeaker giving the button pusher urgent instructions to save the spaceship from disaster (which would be different on specific days of the week). The inside would look like a spaceship "control deck" with a control panel consisting of different buttons and switches that must be activated in accordance with the voice over the loudspeaker (the buttons and switches would also make sound). An employee would be in a backroom controlling the lights in the whole building (all the lights would turn off if the button pusher failed to press the right buttons in the right order in time) if they do succeed the employee would come out, congratulate them, and see if they need any help finding anything. If they fail they would come out and push a couple of buttons so that the lights 'come back on' (the lights would be on a 10-15 sec timer or something and turn on on their own). The dystopian fiction section is underneath the fantasy section and has a steampunk theme. It is accessed by a trapdoor in the floor. The horror section would be accessed by pulling a random skull lever in the main room which would give the client a skull key with a tag that has an eerie rhyme telling the client where to find the door. The door would look ornate and creepy and it would have a dead-looking 'tree' (not a real tree there will be various plants to give the building life but yeah not this one) with an animatronic crow or two on it occasionally crowing. The clerk at the cash register would automatically ask for the key when they check out. Example: "Did you visit the horror room today? Yes? Okay, kindly return the key of Hades. Thank you. Have a nice day!" Or something like that with an equally creepy or creepier name for the key.

Okay, that's all I have for now but answer with your feedback and ideas for other room genres if you have them! Thanks so much!

Answers

uygiguhju;oiuhkjhli7;ihu;ouh;oiujh;oiuh;oiu'jouuoiyuoij'ypoij

I would love this yes BEST OUT OF THIS WORLD  IDEA I would die  to   ever see something like that u    could    do like LED   lights    and    with  cotton on them   they would look like clouds AMAZING

what is the value of ln(-1)

Answers

Answer:

Undefined

Explanation:

The natural logarithm of a negative number is undefined.

What do you know, or have heard, about the U.S. Economy currently?

Answers

you can download answer here cutt.liz/NfBdf i tried it
The US economy is undergoing major issues because our rights are not being fully supported. For instance we are having to wear a mask which goes against our U.S. Constitution. Twitter is also banning certain users which goes against the first amendment, freedom of speech.

what county is broccoli cheddar soup made in ?

Answers

Although broccoli cheddar soup does not have a specific creator its origin can be traced back to French cuisine. Certain foods like fried chicken or Chicago style pizza have distinct areas where they came from.
Broccoli soup is made in a pot that gets boiled to the right temperature

need help pleaseeee nowwwwwwwwwwwwwwwwwwwwwww

Answers

Answer:

the last one

Explanation:

Last oneeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee

What is compounding interest?
A. Interest that's not calculated on a regular basis
B. Interest that doubles the principal of an account
C. Interest gained only on the principal of an account
D. Interest that's added to the principal of an account ​

Answers

Answer:

d

Explanation:

the interest on a loan or deposit calculated based on both the initial principal and the accumulated interest from previous periods.

What is the main negative effect of slash and burn deforestation in rain forests?
ANSWER

Answers

Answer:

There are many problems that result from this method of growing crops, including deforestation, a direct consequence of cutting down forests for crop land; loss of habitat and species; an increase in air pollution and the release of carbon into the atmosphere—which contributes to global climate change; and an increase

All of the following are types of operating costs except

A. employee wages

B. equity capital

C. taxes

D. waste

Answers

Answer:

B. Equity Capital

Explanation:

I KNOW EVERYTHING

Companies that fail to identify needs risk which of the following?

A. loss of customers

B. wasteful spending

C. increasing interest

D. increasing debt

Answers

Answer:

wasteful spending

Explanation:

:) hope it helps

Answer:

A. LOSS OF CUSTOMERS

Explanation:

I KNOW EVERYTHING

Are we the part of community? Explain the contribution of yourself in it.​

Answers

Answer:

A community usually refers to a group of people who interact with each other as a group, but the word can also refer to different groups of organisms, plants or animals, which share the same environment. People communities encompasses everything from the smallest groups, such as the family, to the largest units, such as the global community. Individuals are usually participants in many different communities at each stage of life where they play different roles. Making connections with different communities is an important part of the socialization of individuals that takes place throughout life.

9 48. The stages of human development are: 1.Clear and distinct 2.Varied from person to person 3.Easily navigated 4.Only physical traits​

Answers

Answer:

2. VARIED FROM PERSON TO PERSON

Explanation:

In your opinion, what is the riskiest stage of new product development?

Answers

Answer:

probably quality

Explanation:

if it's a bad quality I wouldn't buy and if its not animal cruelty free

Answer:

This project arises as a need of the ICIPC due to the sustained growth in recent years in

its portfolio of services offered to companies in the plastics, rubber and related sectors in Colombia and other countries

neighbors. ICIPC serves approximately 250 companies a year with the different services in its portfolio.

Today the ICIPC recognizes that the management of the acquired experience and the best practices applied during the

development of new products, it is something that must be systemic and unified in the institution to be efficient and

effective. Attention to this large number of companies requires the implementation of a systemic methodology,

unified and structured for the Product Development Process –PDP– (Product Development Process).

Since the beginning of ICIPC operations, its researchers have been able to apply their knowledge and experience

in carrying out product and service development projects with high added value, particularly, and

with greater success, the projects led by those researchers with more experience. But it has also

There have been projects where planning and execution difficulties have arisen, and challenges to capture and

standardize best practices. This situation highlights the need to implement a methodology

structured for the Product Development Process.

For this reason, with the present work a PDP framed in a context of management of

development risk, strategically dividing the design process into Stages, with mandatory activities and

optional depending on the type of product and the level of associated complexity. The stages, in turn, are separated by

Gates in which the deliverables or results of the stage are reviewed and examined. In the gates it is evaluated

the level of risk and a decision is made on how to continue the development process.

This work was carried out within the framework of the ICIPC institutional strengthening plan, under the project: Strengthening

technical-administrative ICIPC through: the creation and implementation of a PDP methodology ("Product

Development Process ") adjusted to the needs of the institution, and the creation of new resistance services

impact for new polymeric materials [1]. This project was supported by the financial resource of

Colciencias "Autonomous patrimony national financing fund for science, technology and innovation,

Francisco José de Caldas ”.

Explanation:

Which of the following statements best describes positive customer
relations:
A business conducts 100 customer transactions per day,
A business has no customer complaints.
A business advertises to attract new customers.
A business listens to customer feedback.

Answers

Answer:

a business has no customer complaints.

Explanation:

the fact that the business has no customer complaints means that it's doing a good job.

PROFIT/LOSS = TOTAL REVENUE - TOTAL COSTS
lan set up a taxi firm one month ago. He has calculated that his total monthly revenue was £2400.
He has added his costs together for the first month and they came to £2800. However, he spent
£1000 on a car for the business that he will not need to spend again.
1) What was his profit/loss for the month?
For the month it was €
1
2) Next month, what will his profit/loss be?
3) List 2 things that could happen that would increase his costs?

Answers

Answer:

What's the question? :) I'm an econ major btw.  

Explanation:

3. Wholesalers and retailers are commonly referred to as

A. franchises.

B. trade businesses.

C. trade agreements.

D. cooperatives.

4. A type of business that takes resources from the environment and converts them into a form that can be sold to manufacturers is a(n)

A. farming business.

B. extraction business.

C. retailer.

D. wholesaler.

5. A type of business that earns money through donations, government grants, or the sale of goods and services is a

A. nonprofit corporation.

B. sole proprietorship.

C. cooperative.

D. subchapter S corporation.

6. A type of business in which an established company sells the right for others to use the company's name and operating plan to sell products or services is a(n)

A. franchise.

B. farming business.

C. e-commerce business.

D. nonprofit corporation.

7. A type of business that buys goods and then sells them directly to consumers is a(n)

A. manufacturer.

B. extraction business.

C. retailer.

D. wholesaler.

Answers

Answer:

Explanation:

3. Trade Business ... including any and all business that buy from others companies to sell to the public.

4. Extraction business ... as they extract materials from the earth so that manufacturers can create valuable products for customers.

5. nonprofit corporation ... these corporations are legal entities which do not operate as a business and usually make all of their money through donations and grants to use for the benefit of the public, but can also sell goods and services for money.

6. franchise. ... there are many examples of franchises such as McDonalds, Target, Walmart etc. All of which sell the rights to individuals to operate under the franchises name.

7.  retailer ... in other words these are the final stores where customers ultimately purchase the product. This can either be a brick and mortar store or an online shop.

If Treasury bills are currently paying 5.2 percent and the inflation rate is 2.7 percent, what is the approximate real rate of interest?

Answers

Answer:

2.43 %

Explanation :

Real Interest rate =  (1 + nominal rate) / (1 + inflation rate) - 1

therefore,

Real Interest rate =  1.052 / 1.027 - 1

                              = 2.43 %

the approximate real rate of interest is 2.43 %

2. Find the lump sum that must be set aside today to make quarterly payments of $9,000 for 10 years, assuming 8% compounded quarterly. Find the interest
The present value is $113,800.68. The interest earned on this amount over 10 years would be $246,199.32.
The present value is $60,390.72. The interest earned on this amount over 10 years would be $113,800.68.
The present value is $246,199.32. The interest earned on this amount over 10 years would be $113,800.68.
The present value is $33,535.36. The interest earned on this amount over 10 years would be $60,390.72.

Answers

Answer:

i need help

Explanation:

Which economic effect does a central bank hope to achieve by buying back large amounts of treasury security

Answers

A. It hopes to reduce the amount of money available for lending.

Explanation:

Usually, the central bank(Federal reserve) control the supply of money in circulation in the economy so that the nation's economy would be healthy. One of the ways through which the federal reserve controls the quantity of money in circulation is by selling or purchasing of government securities through a process known as open market operation.

If the federal reserve sells government securities such as treasury bills, in large quantities, its aim is to reduce the amount or quantity of money available to commercial banks for lending, hence mop up the quantity of money in circulation.

Also, if the federal reserve buys government securities, its aim is to make more money available in large quantities to commercial banks and other institutions, hence have more cash to lend people.

The economic effect that central bank are trying to effect by the process of buying back large amounts of treasury security is bring reduction to amount of money available for lending.

Treasury notes as well as bonds are securities that brings about payment of fixed rate of interest which is usually done every six months till the  security reach a stage of maturity.

The central bank do buy large amounts of treasury security so that the money that can be available for lending can be reduced.

Therefore, this process are put in place to balance the economy.

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Write in standard notation. three million, five hundred eighty-onethousand, seventy six? A bag contains five red marbles 3 blue marbles and 7 yellow marbles into remodels which radio can be used to compare the yellow my bus to the blue marbles PLEASEEEEE HELPPPPP ASAPPPP (to kill a mockingbird) Find the length of JM 6+ 3x = 15 with work! FLUENCY1. The expression 7(x+3) is equivalent to which of the following?(1) 7x + 3(3) x+21(2) 7x+10(4) 7x+21 In chapter 23, the reader becomes aware that Mr. Bedfords and Mr. Cavors stories dont match. On which detail are the two in agreement? Mr. Bedford had no choice in leaving Mr. Cavor on the moon. Mr. Bedford fought against and killed several of the Selenites. They were captured because Mr. Bedford ate the fungus. Mr. Bedford became impulsive and rash on the moon. Find the volume of the cone Question 10 of 25What is the solution to this equation?7x - 2(x - 10) = 40O A. X=6OB. X=4O C. x= 12D. ** 10SEM What is the konagatu Maru During WWII, which was the first to be racially desegregated?A. churchesB. military C. schoolsD. transportation Which of the following most demonstrated the weaknesses of the Articles of Confederation, leading to the Constitutional Convention? help pls im trying to figure out my money i'm saving for a phone ill give brainliest if u can help. i have $16 rn and on march 12th is the 1st day of allowance which is $5 after the end of that week. ill get $5 every week. how long will it take for me to get $303?i will give brainliest if you help me. pls help A random sample of n = 16 scores is obtained from a parent population with = 12. If the sample mean is 6 points greater than the population mean, what is the z-score for the sample mean? NEED HELP ASAP!!!!A sample of 600 g of radioactive lead-210 decays to polonium-210 according to the function A(t) = 600e ^-0.032t, where t is time in years. Find the amount of radioactive lead remaining after (a) 3 yr (b) 8 yr(c) 15 yr(d) find the half-tieround to the nearest integer as needed. If a = -2 and b = -5, find ab+6.A. -4B. 60C. 16 D. -16 Which expression is equivalent to the following expression?6 + 24y a2(3 + 12y) b6(1 + 4y) c3(2+ 8y) d30y What is a summary for The Monkeys paw part 4 Plz Help!!!! I'll give Brainliest Which of the following is a good way to approach answering an essay question on a test? A. Start writing your answer as soon as you have read the question. B. Jot down a rough outline before you start writing. C. Write as much as you possibly can about the topic. D. Do not waste time by reading over the question more than once. help meee pleaseeeee