$1$ Assess Medtronics decision to develop and market the new Champion heart pacemaker in terms of the fol$-$lowing reasons for new$-$product success: $($a$)$ points of difference, $($b$)$ market attractiveness, $($c$)$ bad timing, and $($d$)$ economic access to doctors and patients$\mathrm{.}2$ Discuss the steps of the new$-$product process as they relate to the Champion pacemaker$\mathrm{.}3$ New$-$product development is important to a company like Medtronic, but it is hard work, and often leads to fail$-$ure. How can a company encourage its employees to take initiative, make a profit, and be ethically and socially responsible?$4$ Relate Medtronics decision to sell pacemakers in China to its corporate mission statement. How does the decision relate to these Medtronic stakeholders: $($a$)$ share$-$holders of Medtronic stock, $($b$)$ Medtronic employees, and $($c$)$ Chinese patients?$5$ Medtronic chose to design and build a new low$-$priced, highly reliable, reduced$-$feature heart pacemaker in its Shanghai plant. What are the strengths and weak$-$nesses of this decision from $($a$)$ a marketing viewpoint and $($b$)$ an ethical viewpoint?