Demonstrate the ability to collect, synthesize data, facts and figures and use quantitative and qualitative methods to evaluate new product development projects.

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Learning Goal: I’m working on a management multi-part question and need an explanation and answer to help me learn.Learning Outcomes: 1.1 Recognize the dynamics and the importance of managing technological innovations strategically
2.1 Demonstrate the ability to collect, synthesize data, facts and figures and use quantitative and qualitative methods to evaluate new product development projects.
Critical Thinking:Students are supposed to select a product of their choice. Further he/she has to innovate the selected product with his/her own ideas and imagination.Keeping in view the now innovated product, the student is required to write an essay on his/her product and its innovation. The student is also required give an appropriate title to the essay.Pointers for student’s reference-v Introduction must include- üDescription of the product and the innovation done. (200-250 Words) 2Marksv Body must include- üExplanation of the type of innovation done on the product. (Refer Chapter 3)üExplanation of the type of research done to innovate the product. (Refer Chapter 2)(500-600Words) 4 Marksv Conclusion must include- üExplanation of how the innovation will help to increase the product value.(300-400 Words) 3 Marksv Others-üTitle is compulsoryüPeer reviewed journals and References should be used to support your submission. 1 MarkNote for students: Only covering these pointers for the essay will not guarantee awarding of full marks, please do your research well and include other content too. These pointers are just to guide. Directions:All students are encouraged to use their own words.
Write a three-part essay (i.e., an essay that includes an introduction paragraph, the essay’s body, and a conclusion paragraph).
Use Saudi Electronic University academic writing standards and APA style guidelines.
Use proper referencing (APA style) to reference, other styles will not be accepted.
Support your submission with course material concepts, principles, and theories from the textbook and at least two scholarly, peer-reviewed journal articles unless the assignment calls for more.
It is strongly encouraged that you submit all assignments into the safe assignment Originality Check prior to submitting it to your instructor for grading and review the grading rubric to understand how you will be graded for this assignment.
Requirements: Full answer

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