1. List the information sources used by your company in product development. Which sources give you vital information, useful information, interesting information, useless information? Would you drop some of these information sources? Do you need to include other information sources?
2. Because of the increasing volume of information, companies have set up systems based on information technology to receive, store and distribute information to the various functional departments, R&D, engineering and product development (Graef, 1998). Describe the important knowledge areas to be included in an information system for product development. What are the important factors to be considered in building an information system as a basis for effective and efficient product development?
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