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With branch locations nationwide, USWB enjoys a large consumer and small business base, and has been successful in several worldwide ventures as well. But, like all international organizations, USWB feels the need to develop profitable new products that will continue to expand its market share. Though new products roll-outs have been successful overall, they’ve been primarily defined within the United States. (University of Phoenix, 2008).
Describe the Situation
USWB needs to continue expanding within the market, by developing a new and profitable product, each year. Brian Allen, President of New Product Development, and his team are responsible for developing and launching products that will significantly impact the bank’s earnings...
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