OBJECTIVE LIFE SCIENCE
BIOTECHNOLOGY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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small scale manufacturing
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research and development of techniques to produce the product
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safety and efficacy studies
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None of the above
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Detailed explanation-1: -Although the product development process differs by industry, it can essentially be broken down into seven stages: ideation, research, planning, prototyping, sourcing, costing, and commercialization.
Detailed explanation-2: -Although the product development process differs by industry, it can essentially be broken down into seven stages: ideation, research, planning, prototyping, sourcing, costing, and commercialization. Use the following development framework to bring your own product idea to market.
Detailed explanation-3: -After concept testing, the next stage is: Market strategy development: When a promising concept has been developed and tested, it is essential to design an initial marketing strategy for the new product.
Detailed explanation-4: -Research and development is essentially the first step in developing a new product, but product development is not exclusively research and development. It is the entire product life cycle, from conception to sale. Product development is also not exclusive to designing, implementing, and selling new products.