BUISENESS MANAGEMENT
ADVERTISING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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develop a business plan
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develop the product
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evaluate customer acceptance
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introduce the product
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Detailed explanation-1: -Commercialization: The final step of the product development process is that of commercialization. Based on the information gathered during the test marketing process, the business management may either go ahead with the product launch or put it on the backburner.
Detailed explanation-2: -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-3: -Step 5: Consumer Feedback Feedback is extremely important to ensure the product design of the product works as intended to. With consumers testing prototypes, when it is carefully done you might uncover some insightful information about your product.