General aspects part C Flashcards
what is the description of a products success by the grocer
a new product is a sucess if it acheived 80% of 26 week sales per distributing store after 2 years.
what are the differnet type of success
- marketplace success
- Consumer (customer) success
- Financial success
- Product success
what is the financial success
refers usually to the profit and return of investments
what is the marketplace success
related to the achievement of target sales volumes and revenues
what is the production success
assessed by the quality, quantity and costs.
what is the customer (consumer success) ?
the level of acceptance and the position of the food pdt against the competing products
what is the product success ?
determined by how quickly it is purchased and how much.
what are the 4 categories of reasons of new product failures
- poor planning
- poor management
- poor concept
- poor execution or performance
a product introduced at the wrong time and wrong place would fall into the category of _____ failures
poor concept
The product lacks appropriate positioning among other brands in the category would fall into the category of ____ failures
poor concept
failures to understand the potential impact of regulations (purchasing, regulations, advertising claims or labeling information) would fall into the category of ____ failures
poor planning
poor design or one of the ingredients was not correctly chosen would fall into the catefory of ____ failures
poor execution
If the scale up has difficulties, it is considered a ____ failure
poor execution
T or F : it is not only the responsability of the R&D department to make
development in food product.
true
what are the different organizational structures of new product development teams. Rank them from the more functional to less functional (more project oriented)
- centralized
- de-centralized
- dotted line
- matrix
- venture teams