Question #1 Concept of product life cycle believes that any products go through a series of distinct stages, and in each stage a product’s sales change over time in a predictable way. What are product life cycle stages? Explain key characteristics in each product life cycle stage.

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Question #1 Concept of product life cycle believes that any products go through a series of distinct stages, and in each stage a product’s sales change over time in a predictable way. What are product life cycle stages? Explain key characteristics in each product life cycle stage.

Question #2 The various stages of the product life cycle present different opportunities and threats to firms. Firms can do a better job of setting forth its objectives, formulating its strategies, as well as developing its action plans. List likely responses from companies in dealing with each major life cycle stage.

Question #3 Since product has its stages of life cycle, is it usually better for a firm to be the pioneer of a new product in hopes of maintaining a leading position as the market grows or to be a follower of a product that watches for possible pitfalls by the pioneer before joining with its own entry?

What was difficult about writing WP #3 and why?

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Peer Feedback Questions

Whose draft are you responding to?
Does the author identify a specific person in the To: line in the memo? Do they follow the appropriate memo format as in the sample WP #3?
How thorough is the author’s discussion of the common ground held between the audience and author? Why?
How effectively does the author identify an exigency and discuss it is as a shared problem for the author and the audience (and larger organization)? Why?
What evidence best supports the author’s case and why?
Does the author anticipate and discuss the audience’s likely response to the exigency and solution? How effectively do they do so?
How effectively does the author link the benefits of their proposed resolution to the goals of the author, audience, and the larger organization (the ripple effect)? Why?
What areas could be better explained, more fully developed, or improved, and why?
What should the author prioritize for revision when they revise and why?
The two articles that are Grace Henderson and Aubrey Patrick answer the above questions separately.

WP #3 Rogerian Argument: Self Evaluation

What was difficult about writing WP #3 and why?
What are the specific strengths of your WP #3 and why?
What could be improved in your WP #3 and why?
What constraints did you face in writing WP #3 and how did you “adapt to your audience” as a result?
What specific revisions did you make to your WP #3, and why?
__(Name of Colleague)_ gave me the best feedback because _________. When I revised, I changed _______ because ___________.
Will you mail your WP #3 memo to its intended audience? Why or why not?
Read WP#3 to answer the above questions separately.

Risk identification and impact assessment. Identify possible risks for the case study and critically analyse the impact of these risks.

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1. Risk identification and impact assessment  Identify possible risks for the case study and critically analyse the impact of these risks.  Use a risk probability and impact matrix to rate and prioritise the risks.  Develop appropriate response strategies to effectively manage identified risks.  Complete a risk register for the case study. 2. Risk management reporting  Identify and explain how stakeholders will be apprised of the project’s ongoing risk management activities.

The written portion of your Risk Management Plan should consist of 1500 words/student.

Does your selected organization use quality management procedures in its logistics system?

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Welcome to the second SLP project for this course. For this paper, please review the logistics system of the organization you are examining and in a 3- to 4-page paper answer the following questions:

Does your selected organization use quality management procedures in its logistics system? In what ways (as you are to give some specific examples)? If the organization does not use quality management procedures, what steps would you suggest they put in place in order to improve its logistics system?

Be sure to provide some description of the different quality tools, processes, etc., and be specific in your examples.

SLP Assignment Expectations
Research the organization with information you can find on the internet or other resources you find on your own. The paper should be 3–4 pages in length and have a cover sheet and a reference page. Clarity of presentation is important, as well as your ability to apply the topics to the logistics area of your selected firm. Use at least 3 different sources of information and annotate your sources of information appropriately on your references page and within the text as necessary. You will be assessed on how well you demonstrate your knowledge of the topic as it applies to your selected firm. Submit your assignment for grading by the end of this module.