Question

Identify one new-product idea you would suggest that GoPro evaluate.

Identify one new-product idea you would suggest that GoPro evaluate.

Homework Answers

Answer #1

The GoPro Company is a famous for making cameras, drone, stabilization and accessories. In my opinion it should expand its product line into virtual reality segment by making its functionalities in such a way that it can be easily connected to mobiles phones on real time basis. I would suggest that GoPro expand their product line to include products that can give theirs customers a good experience in virtual reality videos by easily connecting to other devices like computers or mobile phones.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Please suggest a business idea of your own and make a SWOT analysis of your idea....
Please suggest a business idea of your own and make a SWOT analysis of your idea. Please note that while you are expected to come up with a “good” idea it is quite possible that your SWOT analysis may show that your “business idea” may not be very promising. In answering this question you are expected to be original – this means no repetition of business ideas that we have seen in class and no repetition of what other students...
Explain the importance of a professional support team for new ventures, and how would you suggest...
Explain the importance of a professional support team for new ventures, and how would you suggest the new team (attorneys, accountants, consultants, suppliers, etc.) be formed (who do you acquire first, when, etc.)?
Think back to a time when you have said, "This is great idea. How come nobody...
Think back to a time when you have said, "This is great idea. How come nobody thought of this before?" Assuming no one has thought of it before, what would be the first steps to take to develop a new product idea?
1. What mission statement would you write for your new business and why would it be...
1. What mission statement would you write for your new business and why would it be a good one? Develop a metrics for it. 2. Using the internet, identify three large corporations and their mission statements. For these corporations, how would you evaluate the mission statements in terms of clarity and fulfilling the goals of a mission statement?
EXCEL The idea of buying a new machine to replace the older one arose at the...
EXCEL The idea of buying a new machine to replace the older one arose at the last management team meeting. The older one would not be sold but could be used as backup if necessary. If Pecan Peanuts does decide to replace the older machine and buy a new one, the finance dept has indicated that the maximum monthly payment they could afford, based on current profit forecasts for the next six years, would be £2000 p.m. The Company’s bankers...
Your friend tries to evaluate the idea of installing solar roof and asks for your advice....
Your friend tries to evaluate the idea of installing solar roof and asks for your advice. The initial costs including materials and installation are estimated to be $20,000. It will generate enough electricity for the entire household for the next 30 years. The monthly maintenance costs about $10 for the solar roof. Without the solar roof, your friend pays about $120 on electricity bill every month. Assume the annual cost of 4%. If your friend likes to have the lower...
You are a consultant who has been hired to evaluate a new product line for Markum...
You are a consultant who has been hired to evaluate a new product line for Markum Enterprises. The upfront investment required to launch the product line is 10 million. The product will generate free cash flow of .73 million the first​ year, and this free cash flow is expected to grow at a rate of 5% per year. Markum has an equity cost of capital of 11.5%​, a debt cost of capital of ​5.16%, and a tax rate of 42%....
You are a consultant who has been hired to evaluate a new product line for Markum...
You are a consultant who has been hired to evaluate a new product line for Markum Enterprises. The upfront investment required to launch the product line is $15 million. The product will generate free cash flow of $0.77 million the first​ year, and this free cash flow is expected to grow at a rate of 4% per year. Markum has an equity cost of capital of 11.7%​, a debt cost of capital of 9.28%​, and a tax rate of 38%....
You are a consultant who has been hired to evaluate a new product line for Markum...
You are a consultant who has been hired to evaluate a new product line for Markum Enterprises. The upfront investment required to launch the product line is $5 million. The product will generate a free cash flow of $ 0.70 million in the first​ year, and this free cash flow is expected to grow at a rate of 3% per year. Markum has an equity cost of capital of 11.4%, a debt cost of capital of 5.02 %, and a...
You are a consultant who has been hired to evaluate a new product line for Markum...
You are a consultant who has been hired to evaluate a new product line for Markum Enterprises. The upfront investment required to launch the product line is $ 7 million. The product will generate free cash flow of $ 0.70 million the first​ year, and this free cash flow is expected to grow at a rate of 5 % per year. Markum has an equity cost of capital of 11.2 %​, a debt cost of capital of 7.18 %​, and...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT