Product Designs & Development Dissertation Example | Topics and Well Written Essays - 1750 words

Product Designs & Development - Dissertation Example As the report declares each and every product in business is offered with an intention of making profits as it fulfills the consumer’s need. As such, a well conceived product is bound to sell more, have wider reach, increase market share, improve profit margins and possibly carve out new opportunities for the business. In other words product design is a crucial element in the production or manufacture, and by extension marketing of physical products. A product should be designed to meet specific needs of the society with other factors taken into due consideration. There is therefore a correlation between product development, social culture and business success. According to the essay findings China as a country has for long maintained its culture of Confucianism and Socialism even in the business environment. Confucianism demands submission to authority and near absolute obedience in every situation. This culture of course has its pros and cons when adopted in the business setup. While several independent surveys have been conducted concerning product development and people’s culture, none has been conducted to establish the relationship between the two. This study seeks to bridge this gap with focus on art and craft businesses in China. This study will be limited to art and craft businesses within the borders of China and will hence preclude any businesses engaging in art and craft or DIY products outside the country.