product development process |
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Definition
System of defined steps and tasks such as strategy, organization, concept generation, marketing plan creation, evaluation, and commercialization of a new product. It is a cycle by means of which an innovative firm routinely converts ideas into commercially viable goods or services.
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product development process is in the Industries, Manufacturing, & Technology subject.
product development process appears in the definitions of the following terms: maintenance activity, quality function deployment (QFD), time to market, concept optimization, rugby process, concept test and developmental manufacturing
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