oParagraph.AddText("In the previous meeting of the board of directors funds were approved to take the product “Innovate 1” to market. They have also allocated a sum of $250,000 towards market identification and launch efforts. This document describes in brief the objective set forth by the VP of marketing pursuant to the board’s decision.");
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oRun2=oParagraph2.AddText("Phase 2");
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oRun2=oParagraph2.AddText(": Developers complete final build of the solution.");
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oRun2=oParagraph2.AddText("Phase 3");
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oRun2=oParagraph2.AddText(": The launch phase.");
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oParagraph.AddText("After years of market research and focused creative effort we are in a position to take our “Innovate 1” to market. We have a three phase approach in place to complete the product and take the product to market. The first step of this initiative is to test the market. Once we have identified the market, then we will make any final product product to drive that effectively keeps down costs while meeting sales goals. ");
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oParagraph.AddText("Financial Overview");
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oParagraph.AddText("Included are the estimated investment costs to introduce the new product. As you can see for the first 3 years we will be in the investment phase. Generating market demand and building our reputation in this category. By 201");
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oParagraph.AddText(" we expect to be profitable.");
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oParagraph.AddText("Out of the $250,000 allocated for this effort, we would like to spend about $50,000 towards the identification of the market. For this we are allowed to engage with a marketing consulting organization. Let us start with creating an RFP for this and start inviting the bids. We would like to get the selection process completed by no later than end of first quarter.");
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oParagraph.AddText("To support the new product, the Legal Department will maintain a centralized repository for all patent investigations as well as marketing claims. The release team will adhere to all of the standardized processes for releasing new products. ");
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