Which one of the following is the next stage to the Concept Stage of Product Planning and Development Process:
1 point
a) Idea Stage
b) Product Planning Stage
c) Product Development Stage
d) Test Marketing Stage
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Answer:
product planning stage
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Answer:
The Product Development Stage is the next stage to the Concept Stage of the Product Planning and Development Process
Explanation:
- Product development is a fascinating and challenging effort.
- No two product launches are the same, from original concept to research and development.
- There is, however, a general approach that might assist you in getting started with the product development process.
- The product development process outlines the six phases required to bring a product from concept to market launch.
- This comprises defining a market need, evaluating the competitors, designing a product roadmap, and creating a minimal viable product (MVP).
- In recent years, the product development process has changed and is now routinely employed by breaking each stage into six discrete phases.
- This aids in process organization and breaks down specific deliverables into smaller jobs.
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