The 6 Step Process of New Product Development [Exaplained]
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The 6 Step Process of New Product Development [Exaplained]

Process of New Product Development (NPD) New product development (NPD) is the process of bringing a product idea into the market in its physical form or as a service. The process includes the activities like brainstorming ideas, evaluating ideas, market analysis, and finally making the products. Steps for developing a new product vary from organization…