Concept Statement for the new product, Scolasticus
The current product under discussion is Scolasticus, a new product that is to be introduced among students of colleges. The product seems to have already made market at both the local and the international level. The main purpose is to select a product that is beneficial to the consumers. Under normal circumstances, college students have the difficulty in keeping up with the information of the industry. Thus selection of a product will require one that has all elements that would benefit the student. In addition, firms and organizations should offer assistance in the promotion of their products via product testing and sample marketing
I would like you to prepare the concept statement or the budget plan and the cost detail for our product SCOLASTICUS
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