Assignment: New Product Development
New Product Development Process
Part 1:
Short Essay: Write a minimum 200 word discussion in response to each of your 3 essay questions using research from your textbook to help substantiate your understanding of products and the new product development process. Apply APA style referencing in your writing.
1. With regard to consumer appeal, compare and contrast the GaGa’s brand with the Sherbetter name of the product. Why did Jim King and his wife choose the GaGa’s brand over the use of Sherbetter as the brand of the product?
ANSWER:
2. Type the following phrase into your website browser: “Gaga Gourmet Frozen Dessert and Ice Cream.” On the results page, identify retailer websites and social media websites that feature the Gaga’s brand and product offerings. Explore these resources and identify a single Gaga Gourmet product offering. Discuss the following topics related to your chosen Gaga Gourmet product offering:
• Product Features
• Product Benefits
• Product Packaging
• Product Labeling
• Trademark
ANSWER:
Part 2:
Defend Your Answer Challenge:
Step 1:Highlight your multiple choice answer in yellow.
Step 2: Write a 100 (or more) word discussion in defense of each of your answers to the multiple choice and true/false questions using research from your textbook to help substantiate your understanding of products and the new product development process. Apply APA style referencing in your writing.
3. What type of consumer product is the Sherbetter bar?
a. Shopping Product
b. Convenience Product
c. Specialty Product
d. Unsought Product
ANSWER:
4. When GaGa’s developed Sherbetter Bars, what type of new product was that?
a. Repositioned product
b. Improvement on an existing product
c. Addition to an existing product line
d. New product line
ANSWER:
5. Performing which of the following steps in the new-product development process would have helped Jim King realize that the novelty bars and the pints of Sherbetter would not be shelved together?
a. Business Analysis
b. Development
c. Test Marketing
d. Commercialization
ANSWER:
6. At which stage of the new product development process should GaGa’s have conducted its extensive focus groups and any research it needed before putting GaGa’s Sherbetter on the shelves?
a. Idea Generation
b. Development
c. Idea Screening
d. Business Analysis
ANSWER:
7. In what stage of the new product development process should GaGa’s have introduced Sherbetter and the companies marketing program into the market to gauge consumer reactions?
a. Test Marketing
b. Target Marketing
c. Business Analysis
d. Commercialization
ANSWER:
8. In what stage of the product life cycle is Sherbetter?
a. Introduction
b. Growth
c. Maturity
d. Decline
ANSWER:
References
Unit 7 Assignment
Directions for completing this Assignment:
1. Watch the video on Developing and Managing products: ©GaGa’s Inc.
2. Using research from Chapter 11 in your textbook, answer the questions on ©GaGa’s Inc. in
the template provided below.
Directions for Submitting this Assignment:
Review the grading rubric below before beginning this activity. For additional help with
your writing and APA citation, please visit the Kaplan University Writing Center. Compose
your Assignment as a Microsoft Word document and save it as (Example: TAllen-MT219
Assignment-Unit 7.docx). Submit your file by selecting the Unit 7: Assignment Dropbox by
the end of Unit 7.
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