Product development, Marketing Management

Assignment Help:

Product Development

The sixth step is product development that involves developing the manufacture concept into a physical product to ensure that the product idea may be turned into a workable product. This step calls for a high jump in investment.

1). The R&D department shall develop one or more physical versions of the manufacture concept and these prototypes may take varying lengths of time to develop.

2). When prepared, these prototypes ought to be tested.

3).  The  prototype  ought to  have  the  need  functional  features  and  convey  the  intentional psychological characteristics.


Related Discussions:- Product development

Explain types of unfair trade practices, Q. Explain types of Unfair Trade P...

Q. Explain types of Unfair Trade Practices? Following trade practices connected to advertising are held as Unfair Trade Practices under MRTP Act. (i) Falsely representing th

International Business and Emerging Markets, Evaluate the case made in the ...

Evaluate the case made in the article for ‘the third leg in the strategy “tripod”’, with particular reference to the effectiveness of the four cases offered in supporting the centr

What is mass marketing, What is Mass Marketing? Mass Marketing: I...

What is Mass Marketing? Mass Marketing: Into mass marketing consumers are impossible to differentiate and all are within one segment seller engages into mass production,

What is meant by marketing research, Question: (a) What is meant by ma...

Question: (a) What is meant by marketing research? What are the main sources of data which should be included in a research brief? (b) What is consumer black box? How many

Show the advertising effects on employment, Q. Show the advertising effects...

Q. Show the advertising effects on Employment? Effect on Employment: - Advertising has created together direct and indirect employment to various persons in the society. Thes

Marketing as a part of total environment, Illustrates the total environment...

Illustrates the total environment in marketing? Marketing is a part of total environment: Total environment may be explained as the combination of all the resources and In

Concept of the integrated communication mix, Question: (a) Describe and...

Question: (a) Describe and illustrate with clear examples the concept of the ‘Integrated Communication Mix' (b) Using the AIDA model, explain how both Public Relations and

What are the different types of advertisement, What are the different types...

What are the different types of advertisement? Nature of Advertisement: Various types of advertisement are given below: a) Informative advertisement b) Persuasive a

Explain about the term ownership in briefly, Explain about the term ownersh...

Explain about the term ownership in briefly. Ownership: The most extensive type of participation of hundred percent ownerships and this involves the greatest commitment w

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd