The nature of the product/service (An overview of its concept, objectives) Why the product/service failed in the Market The impact of the failure on the Organisation (Immediate and/or future) What alternative actions/strategy could have prevented its failure. This could be in terms of alternative design, marketing
The nature of the product/service (An overview of its concept, objectives) Why the product/service failed in the Market The impact of the failure on the Organisation (Immediate and/or future) What alternative actions/strategy could have prevented its failure. This could be in terms of alternative design, marketing
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Question
Below are some popular products/services that failed when they were introduced to the market. Research on any one of them and present a report. Alternatively, students may identify other popular failed products either locally or internationally to present their report. The report should capture the following aspects.
- The nature of the product/service (An overview of its concept, objectives)
- Why the product/service failed in the Market
- The impact of the failure on the Organisation (Immediate and/or future)
- What alternative actions/strategy could have prevented its failure. This could be in terms of alternative design, marketing strategy, launch window etc. depending on the factors identified in part 2.
Blackberry Playbook
HP touchpad
Microsoft kin smart phone
Microsoft windows ME version
MySpace
New Coke (1985)
Colgate “Kitchen Entrees”
Pepsi AM (1980)
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