Select any one of the following starter bullet point sections. Review the important themes within the sub questions of each bullet point. The sub questions are designed to get you thinking about some of the important issues. Your response should provide a succinct synthesis of the key themes in a way that articulates a clear point, position, or conclusion supported by research. Select a different bullet point section than what your classmates have already posted so that we can engage several discussions on relevant topics. If all of the bullet points have been addressed, then you may begin to reuse the bullet points with the expectation that varied responses continue.Discuss ten characteristics of effective brand name creation. Then locate three established brands that meet at least five of the listed characteristics. Explain why you think these brands meet the selected five criteria. Support your choices with logical arguments.Describe the different stages a proposed product will need to go through before it is commercialized.Where will ideas for the new product come from, and how will you filter the different ideas?Describe your criteria for selecting an idea to move to the next stage.Design a flowchart for your proposed new product development process to serve as a guide to your discussion.Develop a brand strategy for a hybrid car. To come up with a strategy, answer the following questions:How will it be positioned relative to other plug-in hybrids currently under development or in the marketplace?How will it be launched in the selected target market?Describe what activities will be conducted to build the image of the brand.Using the South University Online Library, search for academic articles to complete the following tasks:Indicate the types of stakeholders involved in the new product development process.Evaluate the impact of key inputs from stakeholder groups on new product development efforts.Analyze the role these key stakeholder groups can play in contributing to the success of a new product.Examine the persuasive strategies that can be used to enfranchise stakeholders in new product development projects.Assess the key competitive advantages that information technology (IT) has delivered to the area of new product development.Identify a relatively new product category, for example, tablet-sized phones (phablets). Then evaluate the brands among different companies competing in this category. Next, pick one of the companies and analyze how its brand coexists with the other products in the product line and in the overall product portfolio of the company. In the context of this company:Analyze the use of single branding, family branding, and brand extension.Discuss ten characteristics that you would use for effective brand name creation.Suggest the appropriate marketing mix strategy—in terms of product, price, promotion, and place—for the product selected.Analyze three packaging strategies followed by the company (of the selected product) and the corresponding benefits to the consumer.Respond to your peers throughout the week. Justify your answers with examples, research, and reasoning.Your initial posting should be the equivalent of 1.5 single-spaced pages (700 to 800 words) in length. Be sure to cite your sources using APA format.

Answer the following IN YOUR OWN WORDS. Respond to each of the following in a minimum of 175 words each. It will be run thru a plagiarism checker, thanks. Many business activities generate data that can be thought of as random. An example described in the textbook is the servicing of cars at an oil change shop. Each car entering the shop can be considered an experiment with random outcomes. A variable of interest in this experiment could be the amount of time necessary to service the car. Service time will vary randomly with each car. We can often capture the most relevant characteristics of a stochastic process with a simple probability distribution model. We can then analyze the model to make predictions and drive decisions. For instance, we could estimate the number of technicians the oil change shop needs to service demand on a Saturday afternoon. Discuss the following: 1.What is a random variable? 2.How would you differentiate a discrete from a continuous random variable? A laptop manufacturing company has implemented a 2-step process to test the quality of each production batch. In the first step, a technician randomly selects 15 laptops from the batch and determines whether they meet specifications. The batch is considered acceptable provided no more than 1 laptop fails to meet specifications. Otherwise, the entire batch must be tested in the second step. Historical data shows that 95% of the laptops produced adhere to specifications. Discuss the following: 1.What are the 4 characteristics of a binomial experiment? 2.Can we use a binomial distribution to model this process?