Which of the following is necessary for successful new-product development?
A)a holistic and sequential product development approach
B)a customer-centred,team-based,systematic approach
C)a team-based,innovation-management approach
D)a market pioneer mindset and a holistic approach
E)an innovation management system and sequential product development

Question

Quizplus · Accepted Answer

A customer-centred, team-based, systematic approach is necessary for successful new-product development as it ensures that the product is designed and developed keeping in mind the needs and preferences of customers, with a team-based approach that involves input from various departments, and a systematic method that ensures that each step of the development process is carried out efficiently.

Which of the Following Is Necessary for Successful New-Product Development