L7 Managing Products Assessment The University of Law

Published: 30 Jan, 2025
Category Assignment Subject Management
University The University of Law Module Title L7 Managing Products

LEARNING OUTCOMES

  1. Critically assess and awareness of how a physical/ digital product or service is  developed to meet customer needs. 
  2. Gain an awareness of external factors that impacts on product (physical/ digital or  services) decisions. 
  3. Multi-component analysis of business cases, process maps and business issues  to gain deeper insights. 
  4. Ability to prepare a business case for physical/ digital products or services.
  5. Critical awareness of the importance of environmental, social, and governance  (ESG) issues in managing physical/ digital products or services. 

ASSIGNMENT DETAILS 

Write a report which evaluates a genuine physical/digital product or service within  your chosen industry/sector, and offers recommendation for the continuous  
improvement of this product in line with the current industry trends; and/or for the  characteristics of a prototype if the chosen product is coming at the end of its life  cycle.  
As part of this report, you should consider the following areas: 

  • Provide an insight of the context within which this chosen product was  
    developed to fulfil the strategic objective(s) of a specific company. You need to  clearly explain who has overall responsibility for designing, developing and  
    improving (the ownership) the selected product/service;  
  • Critically appraise the key attributes of the chosen product and its main  
    competitors in the current market; 
  • Critically analyse the current issues in managing this chosen product within  existing macro and micro environments, as well as associated risks; 
  • Critically evaluate its current position within its product life cycle and its  
    market; 
  • Conclude and recommend key features and processes that this product could  continuously improve to be in line with the constantly changing requirements,  and/or the characteristics of a prototype if the chosen product is coming at the  end of its life cycle.   

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