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Question: 1. Product idea generation initiates the process of designing a product by generating ideas from external and internal sources. What are some examples of external and internal sources that are used in this process?

2. Discuss the concept of consumer future needs projection. Does a firm that excels in this area have a competitive advantage? Explain your answer.

3. What is a technology feasibility statement? Why is it important?

Management Theories, Management Studies

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