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September 1, 2020

You are the Director of Research & Development for a large firm t

Business Finance

You are the Director of Research & Development for a large firm that produces biomedical equipment. To remain competitive, you need to determine if you should redesign existing products or scrap some product lines and develop entirely new products. Use concepts such as synectics, paradigm breakthroughs, techniques of creative problem-solving such as storyboarding, scenario writing, and so forth to develop a plan for your company to remain competitive. You have much flexibility in answering this assignment. Please justify your response using your textbook, LIRN-based research, and the Internet.

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