Jul 25, 2017
New products development (NPD)
This paper concentrates on the primary theme of New products development (NPD) in which you have to explain and evaluate its intricate aspects in detail. In addition to this, this paper has been reviewed and purchased by most of the students hence; it has been rated 4.8 points on the scale of 5 points. Besides, the price of this paper starts from £ 40. For more details and full access to the paper, please refer to the site.
New products development (NPD) INSTRUCTIONS:
Review the readings below, and the background readings regarding new product development and product life cycles. As technology changes daily with the rise in use of smartphones and tablets, the product development for these products has changed as well. Using examples, Explain what is a digital product and how it differs from a physical product Explain what is NPD (new product development) for a digital product Show a model of the new product development process and discuss the role of information in such a process Explain when NPD results in a sustainable competitive advantage Maceli, K. (2011). Changes In The Development Process Of Mobile Phone Applications Bring Opportunities For Developers And More Options To Consumers. Journal of Business Case Studies, 7(3), 31-36. Retrieved December 1, 2011, from ABI/INFORM Global. (Document ID: 2358677621). Cerf, V.. (2011). Open Source, Smart Grid, and Mobile Apps. IEEE Internet Computing, 15(1), 96. Retrieved on December 1, 2011, from ProQuest Computing. (Document ID: 2220194951 The following will be specifically assessed: 1. Your ability to clearly communicate your understanding of the concepts (i.e., NPD, digital products, etc.) 2. In-text references to modular background readings (APA formatting not required)
CONTENT:
New products development (NPD)NameInstituteMarch 1st 2014OverviewThe world today has experienced unprecedented boom in technological advancement and use of advanced technological devices for communication. Increased globalization, consumerism, social interactions and economic development have influenced the rise in use of mobile phones. Almost half billion population in the world are using mobile devices for social and economic benefits. Owing to advanced trajectory growth in innovation pace in the physical and digital products of smart phones, more people will be connected through mobile technology.Great changes in technology, use and dependency on smart phones has led to changes in the production development depending on consumer trends. These changes in product development process in mobile technology helps in widening opportunities for developers and also enlarging consumer options (Maceli, 2011). In the production of advanced mobile phones, new product development process must establish how to link physical products with digital products in order to satisfy consumers’ preference features and benefits (Cerf, 2011).Digital product versus physical productDigital products refer to the software or applications that are integrated into physical product devices. These digital products help physical devices to connect and link the users to other useful interfaces such as connection to the web. Digital products are the operating features or technological building blocks that allow users to access and interact with a host of many other...
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