ENTREPRENEURSHIP

ENTREPRENEURIAL MARKETING

PRODUCT DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The third and last step of minimum viable process it is the Market Launch phase where the product is prepared to meet real customers.
A
Product Development
B
Product/Market Fit
C
Development
D
None of the above
Explanation: 

Detailed explanation-1: -Commercialization The final stage of your new product development process is commercialization, where you introduce your products to market. This is the culmination of your brainstorming, research, iteration, where your audiences can finally make use of what you created.

Detailed explanation-2: -It has enough value that people are willing to use it or buy it initially. It demonstrates enough future benefit to retain early adopters. It provides a feedback loop to guide future development. 14-Aug-2020

Detailed explanation-3: -Planning. This is the stage where product teams set goals, research their audience and competition, align expectations, and establish the marketing strategy. Execution. This is the window of time during which the product is formally released. Analysis. 25-Feb-2022

There is 1 question to complete.