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LESSON

8

  • HANDOUT

1

Team Member Responsibilities

Product design/remodel—Discussion of all team members

Demographics—Decide what income bracket a majority of people are in a given area, and what the interests of people are. Population, stores, businesses, etc. are all important.

Cost and Accounting—Given a specific cost of the raw material, give an approxi- mate cost of manufacturing and what price you would put on product.

Marketing—Determine which areas (locally) you want to place the product for sale, and in what retail stores, etc.

Advertising—Decide what methods you want to use for advertising the product, construct ads (verbal and visual)

Product Presentation—Put together a presentation to show potential sponsors or buyers, using verbal and visual aids.

2000

IDEA

I-23

BOOK

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