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What are The six stages of innovation process, in the product development decisions ?

Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 Rakesh Sahu asked almost 3 years ago

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2 Answers
Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 acharya answered over 2 years ago

1.Technical assessment 2.Source-of-supply assessment: suppliers and partners or alliances 3.Market research: market size and segmentation analysis, VoC (voice of the customer) research 4.Product idea testing 5.Customer value assessment 6.Product definition

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 narahari answered over 2 years ago

1.Technical assessment 2.Source-of-supply assessment: suppliers and partners or alliances 3.Market research: market size and segmentation analysis, VoC (voice of the customer) research 4.Product idea testing 5.Customer value assessment 6.Product definition 7.Business and financial analysis The product development process typically consists of several activities that firms employ in the complex process of delivering new products to the market. Every new product will pass through a series of stages from ideation through design, manufacturing and market introduction.

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