Product Idea / Bibliography Assignments

Product Idea Assignment

In a two page maximum report answer the following questions about your product:

  • What product does your team propose to create?
  • What materials will you use to make your product? What percentage of your product will be made from soy / corn components?
  • What is the potential impact on soybean and or corn utilization?
  • What uses will the product have? Could there be other uses for this product? Think beyond the box, ask others.
  • Why would this product be marketable? Why would consumers purchase your product over existing products on the market?
  • Does this product have any critical environmental, political, or social issues that need to be addressed in order to be successfully commercialized?
  • What are the benefits and limitations of this product?

The idea presented must be NOVEL. It cannot be a currently marketed product or one that is well described in the public literature. Make sure that your advisors have signed your Product Idea Assignment before you turn it in.

Product Idea Assignment Rubric

Categories

25

20

15

0

Total Points

Novelty of Product
Brand New Idea or manufacturing process
Have heard similar ideas but no product patents listed for this process
Other similar products have patents but are not on the market
Similar Products currently on the market
 
Marketability
This product fulfills a need, could have many uses, and would have a large market
This product has limited uses but would have a large market
This product has limited uses and a limited market
This product has no marketable value
 
Assignment Turned in on time with advisor’s signatures
Turned in at meeting with advisor’s signatures
Turned in after the meeting with advisor’s signatures
Turned in after the meeting with no advisor’s signatures
Turned in late
 
Potential Impact
This product uses a lg. percentage of soy / corn components and the impact on utilization would be large
This product uses a fair percentage of soy / corn components and could have an impact on utilization
This product uses a small percentage of soy / corn components and or has environmental, political, or social issues
This product has large environmental, political, or social issues that need to be addressed
 
Total Points
 
 
 
 
/ 100
Not Pass
Pass

 

You must earn a 90% or better to continue in the competitions. You will be given one opportunity to redo this assignment if you do not earn a 90% or better. Even if you earn a 90% on this assignment you may be asked to redo a portion of this assignment to more accurately meet the rubric criteria. If you are asked to redo a portion of the assignment and it is not turned in by the due date set by one of the competition administrators your team may be eliminated from the competitions.      

Product Idea / Bibliography Assignment in pdf format

Bibliography Assignment:

Your team will be required to submit a bibliography using the APA citation style in your final report including all the resources used during the competitions. Set up your bibliography framework now so that you can add to it as your team proceeds. You DO NOT need to turn the bibliography framework in with your Product Idea Assignment.

APA citation style guide

 

If your team has any questions regarding these assignments please direct them to:

Micky Creech

mcreech@purdue.edu

NLSN 3259

496-3837