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Identify ways to adjust if business conditions change . What can you do if your customers are slow to respond (buy) the innovation? What can

  1. Identify ways to adjust if business conditions change.
    • What can you do if your customers are slow to respond (buy) the innovation?
    • What can you do if one competitor is overtaking all the others, including you?
  2. Describe the steps your company needs to take from concept outline to launch.
    • What is the size of development that will be required?
    • Will you require additional capital and personnel?
    • How would you approach determining the timeline from the beginning of development until initial product launch?

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