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- Explain the steps in the new-product development process. Identify which step you think is most important and defend your position.
Step by step
Solved in 2 steps
- Explain the term new product development?explain why successful new product development requires a customer - Centered, team - based and systematic effortDiscuss the process of new product development. Use examples to describe each step in the process in detail Offer an example of a new product that has entered the market in the last year. Using the process described, discuss how the new product development process might have looked for this product.
- Suppose that you’re on a panel to nominate the “best new products of the year.” What products would you nominate and why? See what you can learn about the new product development process for one of these products.4. How does a product idea differ from a product concept and a product image? Where do these concepts fit in the new product development process?