5 Individually, decide on a hypothetical new product innovation, which is plausible but notnecessarily technologically feasible at the present time.1. Research current technology readiness for your innovative product.2. Identify your potential target market segment(s) and devise a marketing strategy.3. Research regulations related to your product, and how would these affect your design choices.4. Prepare a 500 (word max) investment business case for your product venture.

Ans. Well technology is developing at a fast pace and new and more innovative products are being…

Answered: Individually, decide on a hypothetical…

Principles of Management

OER 2019th Edition

ISBN:9780998625768

Author:OpenStax

Publisher:OpenStax

Chapter18: Management Of Technology And Innovation

Section: Chapter Questions

Problem 3CTQ: What other uses and functions does Input Accel serve, and how will this be useful to Novartis over...

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