Question

The third stage of the new product development sequence in the stage gate system is

Answer 1

Explanation:

Stage 3 - Development: Plans are translated into concrete deliverables. The actual design and development of the new product occurs, the manufacturing or operations plan is mapped out, the marketing launch and operating plans are developed, and the test plans for the next stage are defined.

Answer 2

The Third stage of the new product development sequence in the stage gate system is Development.

• The team applies the plan formulated during stage one and two and puts it into action by building a prototype for the product.

• Before starting the new product development process, prioritizing the building of a detailed version of the idea and the user stores should be done.

• The examination of the value proposition is the first step of the concept's creation and testing.

• At the very least, it ensures that problems in the approach are discovered sooner and the team can course-correct earlier, which helps to ensure that technical debts will not accumulate.

• The timeline is constantly updated based on the production status of the product.

Hence, the Third stage of the new product development sequence in the stage gate system is Development.

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