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D&T- Product Innovation -Topic 2
IB standard
61
Other
12th Grade
03/29/2010

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Cards

Term

 

Inventors: 

 

Thomas Adams

Definition

 

 

CHEWING GUM

Term

 

CHARLES BABBAGE:

Definition

 

 

COMPUTER

Term

 

JOHN LOGIE-BAiRD-

Definition

 

TV

Term

 

ALEXANDER GRAHAM BELL

Definition

 

 

TELEPHONEE

Term

 

Role of the designer in the product life cycle: 

Definition

 

although the designer is an integral part of the design process, he or she is not necessarily in control, unlike the design process.  the designer designs the product, the product is made after it goes through the design process and then it is put on the market, the certain characteristics sell the product and therefore affects the product life cycle.  

Term

 

Product life cycle: 

Definition

 

1).  introduction

 

2).  growth

 

3).  maturity

 

4).  decline-product eventually becomes obsolete (out of date)

 

Term

 

INTRODUCTION: 

Definition

 

with any new product/service it must be introduced to the market place with the right image and price.  requires investment, good infrastructure and good distribution :) 

 

e.g. calling online

 

Term

 

GROWTH

Definition

 

once it has survived introduction, it has to grow to increase sales and profits.  

 

**good time to introduce complimentary products or service if its customer based product*

 

e.g. email

Term

 

MATURITY

Definition

 

 

the profit revenue from the product is falling and price reductions are necessary in order to remain competitive.  it is likely that your customers base is as wide as it will go.  

 

e.g. fax

Term

 

DECLINE

Definition

 

falling sales .  customers not interested in buying product.  market is changing.  

 

1).  could this product be re-launched?

2).  does the product need modifying? 

3). do you need a new product? 

4).  is it time to move on?

5).  do you need a new market?

6). does it need to be advertised better?

 

e.g. letter

 

Term

 

EXTENSION STRATEGIES

Definition

 

in order to keep the product in the market and in order for customers not to loose interest and let the product go into decline.  

 

to "delay the decline stage of the product life cycle".  

Term

 

compare the design cycle with the product cycle

Definition

 

the design cycle is used when you try to identify a problem and solve with a solution to an existing product.  whereas, the product cycle is the life of the product in the market (when it is first launched) and putting the solutions of the design cycle into "commercial practice".  

Term

 

discuss why for many products the product life cycle has shortened.

Definition

1).  competitors-finding new innovative ideas

2).  change in taste

3).  product/service relies on new technology

4).  advertising

5).  distribution

6).  not what consumers want to buy more than once

7).  cheaper

8).  moved into decline

Term

 

invention: 

Definition

 

something that has been made.  a process of discovering a principle.  manufacturing to produce a novel product.  

Term

 

innovation: 

Definition

 

the process of putting an invention in the market place and making it a success.  

Term

 

stages of innovation: 

Definition

1).  developing an idea into a viable product

2).  production

3).  marketing and sales

4).  re-design

5).  back to stage 1

Term
discuss the importance of science and technology to invention and innovation: 
Definition
Term
Explain why the majority of invention fail to become innovations: 
Definition

1).  competition

2).  not enough sales and income

3).  not enough capital 

4).  newer generation of products

Term

 

in what ways hav emobile phones been redesigned in order to improve their design? 

Definition

1).  screeen

2).  light

3).  flip for compact

4).  colour screen

5).  messaging

6).  smaller + larger buttons

7).  touch screen

8).  applications 

9).  no antenna

10).  internet access.

Term

 

define dominant design: 

Definition

 

the design contains those implicit features of a product that are recognized as essential by a majority of manufacturers and purchasers. (USP)

Term

 

dominant designs meet manufacturers and users' needs very well and dont need to be changed.  e.g….

Definition

 

1).  coca cola bottle

2).  pencil sharperner

3).  paper clip

Term

 

define diffusion into the market place:

Definition

 

this is where the product becomes part of a global market 

 

or 

 

the wide acceptance and sale of a product

Term

 

define market pull: 

Definition

 

the initial impetus (quick force) for the development of a new product is generated by a demand from the market.  

e.g. ipod -> itouch

Term

 

define technology push: 

Definition

 

where the impetus (quick force) for a

 

new design originates from a

 

technological developement

Term

 

describe a design context where dominant design is relevant

Definition

 

cutlery.  it has to be able to fulfill its purposes and it normally looks the same for all cutlery besides the material and colours used.  

Term

 

explain the difficulties of getting a product to diffuse into the marketplace (product wanted and easily found):

Definition

1).  competition

2).  capital

3).  land

4).  labour

5).  entreprise

6).  brand loyalty

7).  quality

8).  goods reaching on time

9).  transportation

10).  materials

11).  connections with suppliers -important

12).  motivation within workforce

13).  trained stadd

14).  market share

15).  market value

16).  costs of advertising

17).  location

18).  distribution

Term

 

global taste

Definition

 

products especially technology, advances rapidly with newer generations, customers may get bored of products, this is why technology enhances most of the time.  culture is a big part of taste.  what some countries may like, may not be in highest demand in other countries.  this is due to influences by media in area and cultural background and word of mouth.  

Term

INNOVATION: 

Market pull process

Definition

1).  market need drives invention

2).  design and development

3).  manufacuturing

4).  marketing

5).  sales

Term

INNOVATION: 

Technology push

Definition

1).  basic science drives invention

2).  design and development

3).  manufacturing

4).  marketing

5).  sales

Term

 

 Explain how the walkman is an example of technology push

Definition

 

the skills and knowledge of making a walkman was applied to the invention, therefore it is an example of technology push.  

Term

 

explain how the development of the airline seat is an example of market pull

Definition

 

customers travel long hours and therefore want comfort.  the need is therefore there.  an invention is made-comfortable chairs, safety and includes pillow and headset on chairs. these characteristics satisfy consumer wants and therefore it is an example of market pull -it is a market need that drives the invention.   

Term
Explain why it is difficult to determine whether market pull or technology push is the impetus for the design of new products
Definition
push and pull are present in most successful innovations.  the explanation should only apply to the origin of the idea or where the idea seems to have been generated.  
Term

 

define lone inventor: 

Definition

 

an individual working outside or inside an organization who is committed to the invention of a novel product and often becomes isolated because he or she is engrossed with ideas that imply change ad are resisted by others.  

 

e.g. james dyson, obsessed with the development of their product and who is convinced of its market potential.  the product might be so advanced that it might not be accepted.  makes it hard for the lone inventor to work as a team.  

Term
discuss why it is becoming increasingly difficult to be a succesful lone inventor: 
Definition
 developing products that are already complex needs expertise on various discipline.  
Term
Explain why lone inventors often find it difficult to work in the design departments of large companies:
Definition

*not good at team work->inflexible

*they find it difficult to share ownership of product -> hard to communicate and discuss.  

*less efficient

 

Term

 

Define Product champion

Definition

 

An influential individual, usually working within an organization, who develops an enthusiasm for a particular idea or invention and "champions" it within that organization.  

Term
Compare the lone inventor with the product champion
Definition

Product champion: able to work in an organization-good communicational skills and efficient.  focused on producing a well-marketed and sold product.  

 

Lone inventor: works alone and is inflexible and inefficient.  hard to share ideas and discuss.  focused on making their idea work.  

Term

 

Explain why innovators may have difficulty in obtaining financial support for an invention:

Definition

 

1).  lack of capital

2).  costs of making prototype/research/designing

3).  unprofitable

4).  risks must be taken

Term

 

TECHNOPHILE :) 

Definition

 

someone who welcomes new technology and change IMMEDIATELY :) 

Term

 

Technocautious: 

Definition
Someone who needs convincing before embracing technological change
Term

 

technophobe: 

Definition

 

someone who resists technological change

Term

 

First order effect:  

Definition

 

the feeling felt immediately

 

e.g. if you buy a car you feel independent, happy, personal gain, status improved.  

Term

 

Second order effects: -mostly considered by people who have experienced this or those who are older.  

Definition

The effects more apparent but not immediate to you, the consumer.  

 

e.g. the costs of running the car, risk of accident, difficulties providing insurance.  

Term

 

Define corporate strategy: 

Definition

 

Long term aims and objectives of a company and ways of achieving them by allocation of resources.  

Term
different forms of Corporate strategy: 
Definition

1).  poineering

 

2).  imitative

 

3).  hybrid strategy

Term

Corporate strategy

Pioneering: 

Definition

developing.  one who opens up new areas of thought, research or development

 

=> ahead of competitors by introducing a new product first.  

 

Although there is risk, there is potential for large gains.  

 

Term

Corporate strategy

Imitative: 

Definition

producing a pioneering product as quickly as possible

 

=> less risky

Term

Corporate strategy

Hybrid strategy: 

Definition

something having two kinds of components that produce similar/same results.  

 

=> combining two ideas/technologies

Term
Define market penetration: 
Definition

 

increase sales to existing customers or finding new customers for an existing product

Term

 

what methods do Company A (manufacturing knives) use to achieve market penetration? 

Definition

product promotion through market strategies

 

 

Term

 

define market development: 

Definition

 

finding new applications for existing products, thereby opening up new markets

Term

 

find out about the market development of the plastic, nylon.  for what purpose was nylon origionally developed.  

Definition

 

it was first used for toothbrushes.  now it is used in other products.  e.g. build gears, bearings and other mechanical parts.  

Term

 

define product development: 

Definition

 

creation of new ideas and development through an existing product.  e.g. adverts, shape, flavour etc.  

Term

 

define diversification: 

Definition

 

involves a company both in a development of new product and in selling those products to new companies

 

e.g. coca cola

Term

 

define market sector: 

Definition

 

the broad way of categorizing the kinds of market the company is aiming for.  

it can be segmented into groups of consumers with similar characteristics: 

1).  income

2).  sex

3).  age

4).  lifestyle

Term

 

Define market segmentation: 

Definition
where the market is split up into different sections with similar tastes and wants
Term
outline two ways in which markets can be segmented: 
Definition

1).  income

2).  gender

3).  class

4).  lifestyle

5).  graphical location

6).  wants

Term

 

Define robust design: 

Definition

 

flexible designs that can be adapted to changing technical and market requirements

Term

 

define product family: 

Definition

 

a group of products having common classifications and criteria.  

Term

 

discuss and example of a robust design that evolved into a product family.  

Definition

 

soft drink flavours.  it was just coca cola, then they expanded onto making fanta, spirit etc.  this became classified as a product family, similar characteristics.  

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