Developing quantitative or data-based recommendations to inform decision-making is critical to effective business planning. In this assignment, you make a business recommendation for a product launch based on decision and risk analysis, and using the Happy Jack scenario. Launch Decision Analysis

APA

Launch Decision Analysis

Steps for Analysis

Market Analysis:

    • Market Size and Growth: Assess the size and growth rate of the target market.
    • Customer Demographics and Preferences: Analyze customer segments, their preferences, and purchasing behavior.
    • Competitor Analysis: Evaluate the competitive landscape, including market share, product offerings, and pricing strategies. Launch Decision Analysis
  1. Product Viability:
    • Unique Selling Proposition (USP): Identify the unique features and benefits of the new product.
    • Cost Analysis: Determine the costs involved in product development, manufacturing, marketing, and distribution.
    • Pricing Strategy: Establish a pricing model that aligns with market expectations and company objectives.
  2. Decision Analysis:
    • Decision Tree: Construct a decision tree to map out possible outcomes based on different decision paths.
    • Expected Monetary Value (EMV): Calculate the EMV for each decision path to determine the most financially beneficial option.
    • Sensitivity Analysis: Assess how changes in key variables (e.g., costs, market size, sales volume) affect…
Steps for Analysis

Market Analysis:

    • Market Size and Growth: Assess the size and growth rate of the target market.
    • Customer Demographics and Preferences: Analyze customer segments, their preferences, and purchasing behavior.
    • Competitor Analysis: Evaluate the competitive landscape, including market share, product offerings, and pricing strategies. Launch Decision Analysis
  1. Product Viability:
    • Unique Selling Proposition (USP): Identify the unique features and benefits of the new product.
    • Cost Analysis: Determine the costs involved in product development, manufacturing, marketing, and distribution.
    • Pricing Strategy: Establish a pricing model that aligns with market expectations and company objectives.
  2. Decision Analysis:
    • Decision Tree: Construct a decision tree to map out possible outcomes based on different decision paths.
    • Expected Monetary Value (EMV): Calculate the EMV for each decision path to determine the most financially beneficial option.
    • Sensitivity Analysis: Assess how changes in key variables (e.g., costs, market size, sales volume) affect…