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New Product or Service Development Process in Tesco

University: University of Leeds

  • Unit No: 3
  • Level: Post Graduate/University
  • Pages: 2 / Words 560
  • Paper Type: Assignment
  • Course Code: J508
  • Downloads: 28
Brief :
Organization Selected : Tesco

PROJECT GUIDELINES

PART A

TASK 01 ( individual report – 1000 words)

  • Justify and present the procedure active in new product or service development (LO1).
  • In the report make sure to cover the PI and P2.

PART B

TASK 02

  • pass judgment whether innovation, adaptation or renovation are needed for the individual products or services and also Appraise the life-cycle stages of the products or services in a company’s portfolio.
  • Individual report of 800 words

TASK 03

  • produce a Design and pitch for new product or service (LO3)
  • Cover P5, M3 & D1

TASK 04

  1. Individual report of 500 words
  2. Present a capability in order to reflect the skills of team working, inventive development and presentation.

LEARNING OUTCOMES

Pass

Merit

Distinction

LO1 Explicate and present the procedure involved in service development or new product.

P1 Justify the levels of customer integration and the process concerned with the development of new product and services.

P2 Utilise this process in application to the evolution of a specific organisational commodity or service.

LO2 pass judgment whether innovation, adaptation or renovation are needed for the individual products or services and also Appraise the life-cycle stages of the products or services in a company’s portfolio.

P3 Evaluate the lifecycle stages of goods and services in the companies portfolios.

P4 Analyse the appropriate commodity line management choices that are necessary for respective products or services.

LO3 produce a Design and pitch for new product or service

P5 produce a Designing and pitch of a product or service taking in in context of market testing, distribution and product/service launching.

LO4 Present a capability in order to reflect the skills of team working, inventive development and presentation.

P6 Accomplished a reflection which reflects about the creative development, presentation and team working.

M1 Systematically present a justified applicability of subject knowledge and perceptive to the procedure of development of product or service.

M2 Furnish a consistent and even evaluation that is backed up by material synthesize from a scope of validated sources.

M3 Make an unique and creative detailed pitch which render the Information of planned, evaluated and developed services or products.

M4 Explain the concerns and issues with the help of recommendations for improvements.

LO1, 2 & 3

D1 Prepare a pitch that has even approach to the decision-making in the development process, distribution and market launch.

D2 Provide an independent reflection on creative development and team work and also give valid and justified recommendations.

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