By Catherine Side
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Additional info for Food Product Development: Based on Experience
The general management people may even take time to point out that their overview of the business environment is critical to anticipate when lines need invigoration or overhaul. Financial analysts also see themselves in a contributory role relative to the needs of a product line. In truth everyone should have a voice and contribute the insights which they bring to the questions of what, when, and why regarding product development. In reality marketing normally has control and involves others at its discretion.
The sole proprietor must know something about all of the disciplines which he or she represents on the organizational chart, and the size of the business cannot grow any larger than one, which the sole proprietor can personally manage by his or her range of skills, and by the use of up to 80 hours per week. Sole proprietors can extend their range of skills by creating a virtual organization in which lawyers, accountants, brokers, contract manufacturers, service laboratories, and others are contracted to fill the gaps.
Is the expected output of product development somewhat predictable and well defined? 48 CHAPTER 4 2. Is the product development activity large enough and active enough to organize? 3. Is the business and technological environment stable or shifting? 4. Is the product line homogeneous or diversified? 5. How open is management to delegating responsibility paired to authority? 6. How experienced is the product development staff? 7. Can you comfort those employees threatened by change, or can you afford to lose them?