Category: Product Development

The new product development is a compound process that consists of diverse stages directed to collecting and analyzing the data related to the market and developing a profitable offer based on the research. Each product development process includes such stages as idea generation, idea screening, feature specification, development, testing, and commercialization. The ideas for a…

Table of Contents Process of new product development and structure Recommendations for the process strategy Recommendations for the project strategy Reference list Companies are always trying to attain new markets for more revenues and the most productive way of doing this is through the launch of new products. Due to the ever changing markets and…