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Development of a new product is a ___________
  • a)
    Programme
  • b)
    Strategy
  • c)
    Procedure
  • d)
    Policy
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
Development of a new product is a ___________a)Programmeb)Strategyc)Pr...
Programmes are the combinations of objectives,policies,procedure and rules all these plans together form a program.The programs are made to get the systematic working in the organisation. For example:-Construction of shopping mall,Development of a new product etc. , And development of a new product involves objective policies procedure and rules .
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Development of a new product is a ___________a)Programmeb)Strategyc)Pr...
The Development of New Product as a Programme

Introduction:
The process of developing a new product involves various stages and requires a comprehensive plan to ensure its success. The development of a new product is a programme that outlines the steps and strategies needed to create a product that meets the needs of the market.

Definition:
A product development programme is a comprehensive plan that outlines the stages, strategies, and resources needed to develop a new product. The programme includes the development of the product concept, design, testing, and launch.

Stages of a product development programme:
1. Idea generation: The first step is to generate ideas for the product that will meet the needs of the market. This can involve brainstorming sessions, market research, and customer feedback.

2. Product concept development: The next step is to develop a product concept that outlines the product's features, benefits, and target market. This involves identifying the product's unique selling proposition.

3. Design and prototyping: Once the product concept is developed, the next step is to create a design and prototype of the product. This involves creating a mock-up of the product and testing it to ensure that it meets the required standards.

4. Testing and validation: After the design and prototype are created, the product is tested to ensure that it meets the requirements of the market. This can involve user testing, focus groups, and surveys.

5. Launch: The final step is to launch the product in the market. This involves creating a marketing plan, developing a distribution strategy, and launching the product to the target market.

Conclusion:
The development of a new product is a programme that involves various stages and requires a comprehensive plan to ensure its success. The programme outlines the steps and strategies needed to create a product that meets the needs of the market. By following a product development programme, businesses can increase the chances of creating a successful product and achieving their goals.
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Community Answer
Development of a new product is a ___________a)Programmeb)Strategyc)Pr...
For my point of view the ans is strategy becus when we launch or develop the new product so firstly we can make strategy regarding their product
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