How can companies in Silicon Valley effectively forecast new products and services? Silicon Valley is a global hub for innovation and high technology. Companies in this region constantly introduce groundbreaking products and services that have the potential to change the world. As an operations management student, you are tasked with discussing the ways of forecasting new products and services in Silicon Valley and the challenges associated with it.

Principles of Management
OER 2019th Edition
ISBN:9780998625768
Author:OpenStax
Publisher:OpenStax
Chapter18: Management Of Technology And Innovation
Section18.6: Skills Needed For Mti
Problem 3CC: What forecasting techniques are used in the management of technology and innovation?
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How can companies in Silicon Valley effectively forecast new
products and services?
Transcribed Image Text:How can companies in Silicon Valley effectively forecast new products and services?
Silicon Valley is a global hub for innovation and high technology. Companies in
this region constantly introduce groundbreaking products and services that have
the potential to change the world. As an operations management student, you
are tasked with discussing the ways of forecasting new products and services in
Silicon Valley and the challenges associated with it.
Transcribed Image Text:Silicon Valley is a global hub for innovation and high technology. Companies in this region constantly introduce groundbreaking products and services that have the potential to change the world. As an operations management student, you are tasked with discussing the ways of forecasting new products and services in Silicon Valley and the challenges associated with it.
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