One of the most difficult tasks facing the entrepreneur is forecasting demand for the new product or service, particularly if that product or service has never existed previously in the market place. Much of this difficulty is due to the lack of historical data and to issues of seasonality…
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HOW INSUFFICIENT RESOURCES IMPACT ON NEW PRODUCT DEVELOPMENT
Wed Oct 2 , 2019
<div class="at-above-post addthis_tool" data-url="https://tcbassociates.com/business/how-to-forecast-new-product-service-demand/"></div>Most large corporations have departments responsible for research and development, engineering, and testing. In many cases, the budgets for these departments are astronomical, because new products development and the continual improvement of existing products and processes are among the most important challenging tasks of high performing, world-class businesses. In the […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on get_the_excerpt --><!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons above via filter on get_the_excerpt --><!-- AddThis Share Buttons below via filter on get_the_excerpt --><div class="at-below-post addthis_tool" data-url="https://tcbassociates.com/business/how-to-forecast-new-product-service-demand/"></div><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><!-- AddThis Related Posts below via filter on get_the_excerpt --><div class="at-below-post-recommended addthis_tool" ></div><!-- AddThis Related Posts generic via filter on get_the_excerpt -->
