New-product development requires senior management to define business domains,product categories,and specific criteria.

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Senior management plays a crucial role in new product development by defining business domains, product categories, and specific criteria to guide the development process. This helps ensure that the new product aligns with the company's overall strategy and target market, and meets specific requirements for quality, functionality, and profitability.

New-Product Development Requires Senior Management to Define Business Domains,product Categories,and