Manufacturing companies must gain new products through a skillfully conducted new product development process in order to remain competitive in the face of maturing products. In order to produce goods that provide superior value to customers, it is critical to understand consumers, markets, and rivals.

(a)Draw an example of a functional organization chart based on your organization.

(b) Provide activities involved in the research stage of a generic product development process and describe its importance.

(c) Describe in detail a product life cycle using the technology S-Curve analysis along with relevant example.