Who are the customers of the product in those regions?
5. Is it possible to design a global product without further adaptation for target regions?(Global design?)
6. Is there any competitor who is offering similar product(in the same region) yet?
7. What are the main customer requirements?
8. For the chosen product, can your group finish the product design and manufacturing of a reasonable prototype in three months with the available resources(time, design and manufacturing facilities, software,etc... displayed 300 characters
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For the chosen product, can your group finish the product design and manufacturing of a reasonable prototype in three months with the available resources(time, design and manufacturing facilities, software,etc.)? displayed next 300 characters
In fact, this quadrant of the matrix has been referred to by some as the "suicide cell". However, diversification may be a reasonable choice if the high risk is compensated by the chance of a high rate of return...
A globally standardized product can be made efficiently at a low cost but may end up pleasing few customers. On the other hand, customized products targeted at different markets across the world may be too expensive...
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