Question: Which of the following is the first stage in the new product development?
A Idea generation (Ideation)
B Prototyping
C Validation and Testing
D Commercialization
Answer: Idea generation (Ideation)
|
Stages in the new product development |
Description |
| 1 |
Idea Generation (Ideation) |
Generate creative product ideas based on market needs or opportunities. |
| 2 |
Product Definition |
Define the product concept, specifications and target market. |
| 3 |
Prototyping |
Create a working model to test and refine the product concept. |
| 4. |
Initial Design |
Develop detailed technical plans, cost estimates and feasibility. |
| 5. |
Validation and Testing |
Ensure the product meets quality, safety and functionality standards. |
| 6. |
Commercialization |
Launch the product into the market, including pricing and marketing strategies. |
