1. Provide a definition of innovation and discuss the 4P’s of innovation and the different levels of innovation in relation to this definition.
2. Discuss the strategic opportunities and threats that companies face, and how these can be affected by, or drive, product and process development.
3. Describe how multi-functional teams / Concurrent Engineering may benefit the development of both existing and new products.
4. What issues / risks are associated with adopting Concurrent Engineering?
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