Question
Choose any product that you find interesting.Research both the invention and product life cycle of the product. Including research cited sources and Paper needs to
Choose any product that you find interesting.Research both the invention and product life cycle of the product. Including research cited sources and Paper needs to be include all these elements below, but not be limited to (include more than just this limited list), the following elements:
A detailed description of the product
How the idea was generated (who invented this?)
Any research and development activities you can discover
Identification of target market for this product
How the product meets a specific need in the marketplace
Creation of actual product, production process, materials used, etc.
Financial success of product (can include sales or profits)
Product life cycle (how long has product been in marketplace?)
Retail locations where product is available for sale
Pricing strategy used
Any promotional strategies used
Personal opinion of product and critique of product's success
Any ways the product or promotion could be improved
Some product ideas include:The roller coaster, bubblegum, a clothing article, technology product (telephone, i-pod, electronic game, clock, radio, or television), furniture piece, automobile or any motorized vehicle, food product, medicine, candy, household item, cleaning product, baby item, post-it notes, paper clip.
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