Stage-gate systems are used for managing new product development from idea generation to product launch.

Question

Quizplus · Accepted Answer

Stage-gate systems are indeed used for managing new product development from the idea generation stage to the product launch stage. This approach involves breaking down the development process into a series of stages, each with its own goals and decision gates that ensure that the project is on track and meeting its objectives before proceeding to the next stage.

Stage-Gate Systems Are Used for Managing New Product Development from Idea