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Campus: Kensington Campus
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Career: Postgraduate
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Units of Credit: 6
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Contact Hours per Week: 3
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Enrolment Requirements:
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Prerequisite or Corequisite: MARK5800 or MARK5801
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Description
The lifeblood of most market-driven organisations is the development and commercialisation of new products and services. However, many of these developments fail. The purpose of this course is to minimise the chances of failure by having a better understanding of the development process. The course covers all issues involved in developing and bringing to market new products and services: opportunity identification, idea generation, design, consumer research, forecasting, market testing, branding and communications, launch and post-launch monitoring, as well as project management and appraisal. The latest techniques and analysis procedures are used within a practical managerial framework.
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