Question

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 1

Answer:

product planning stage

Answer 2

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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