ABSTRACT
In new product planning, the interest of the
marketer is on considering the existing products as well as thinking of the new
products to be developed it is important to note that the firms survival rests
softly on their products hence products planning and development efficiency
cannot be over emphasized here and that is why manufacturing organizations
emerge in the present day economy. Also, organizations that are involved in
production saw the need to effectively plan and develop their product so as to
establish a long lasting impact in the market. And this must surely be ensured
by capturing a greater part of the market at the expense of other competitors
and having brands royals. This has a long run influence on the company bearing
in mind that goods produced must satisfy consumer taste and wish. The study
investigate the processes that are involved in planning and developing new
products by manufacturing organization. The study employed survey research
design by which data were generated by means of questionnaire. The
questionnaire were administered on eighty staff of Guinness. The descriptive
statistics and percentage analysis were used for the data analysis and the
hypotheses were tested using analysis of variance (ANOVA). The results reveal
that which means that new product development have influence on the customer
satisfaction in Guinness Plc, it reveal that New product development have a
significance impact on the customer retention in Guinness Plc. It hereby
recommend that Guinness should try and meet up the demand for her products by
matching supply. The production and marketing departments should accomplish
this task as success and profit is determined through products. If there are
difficulties implementing products planning some of these suggestions can be
applicable.
MICHAEL, U (2021). Impact Of New Product Development On The Survival Of Guinness Nigeria Plc. Repository.mouau.edu.ng: Retrieved Dec 27, 2024, from https://repository.mouau.edu.ng/work/view/impact-of-new-product-development-on-the-survival-of-guinness-nigeria-plc-7-2
UNIVERSITY, MICHAEL. "Impact Of New Product Development On The Survival Of Guinness Nigeria Plc" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 19 Jul. 2021, https://repository.mouau.edu.ng/work/view/impact-of-new-product-development-on-the-survival-of-guinness-nigeria-plc-7-2. Accessed 27 Dec. 2024.
UNIVERSITY, MICHAEL. "Impact Of New Product Development On The Survival Of Guinness Nigeria Plc". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 19 Jul. 2021. Web. 27 Dec. 2024. < https://repository.mouau.edu.ng/work/view/impact-of-new-product-development-on-the-survival-of-guinness-nigeria-plc-7-2 >.
UNIVERSITY, MICHAEL. "Impact Of New Product Development On The Survival Of Guinness Nigeria Plc" Repository.mouau.edu.ng (2021). Accessed 27 Dec. 2024. https://repository.mouau.edu.ng/work/view/impact-of-new-product-development-on-the-survival-of-guinness-nigeria-plc-7-2