What is the final step in the new-product development process?
A)idea generation
B)product concept
C)concept testing
D)prototype
E)commercialization

Question

Quizplus · Accepted Answer

Commercialization is the final step in the new-product development process where the product is introduced to the market and made available for purchase. This involves various activities such as creating market strategies, pricing, promotion, distribution, and sales efforts. Thus, E is the correct choice.

What Is the Final Step in the New-Product Development Process