Submitted by: Submitted by jasonsohwl
Views: 167
Words: 4434
Pages: 18
Category: Other Topics
Date Submitted: 05/08/2013 04:21 AM
Executive Summary
The UU Bicycle concept is a motorized bicycle to provide a comfortable ride without using petrol in order to reduce the combustion of poisonous gases that will pollute the environment; therefore it is powered by electrical energy. Since the price of the petroleum keep increasing from time to time, many citizens pays a huge amount of money on just petroleum, therefore by buying this bicycle, they would be saving a lot on petrol. The competitor of UU Bicycle are Bridgestone Assista Polku and Optibike R Series but since the purpose of the bicycle produced are different, there would not be such a huge competiveness among the company. The proposed price of UU Bicycle is estimated at RM12,000. The idea generation techniques that used are mind mapping, attribute listing, lotus blossom and force fitting trigger. Whereas the evaluation technique that been used are Force Field Analysis and Sticking Dots Analysis.
Contents
Executive Summary 1
Introduction 3
Objective Statement 3
Competitor analysis 4
Laddering Technique 6
Problem Statement 7
Idea Generation 8
Mind Mapping 8
Attribute Listing 10
Lotus Blossom 12
Force Fitting Trigger 14
Idea Summary 16
Product Description 18
Market Identification 23
Idea Evaluation 24
Force Field Analysis 24
Sticking Dots Analysis 27
DICE 29
Conclusion 29
References 30
Appendix 32
Introduction
This Assignment is made to create an innovative product to maintain the company in a competitive position in the market. It is a product concept that is developed and analyzed whether the product would be successful in the market. Competitor analysis, idea generation, product description, market identification and various evaluation is included in this assignment so that the company can have a clear overview of the product which is a bicycle originally that had been innovated.
Objective Statement
The objective of creating this motorized bicycle is to reduce the use of car or...