________ refers to the variety of activities which commence with the design and development of potential new products in R&D,and extend to the post-purchase support of products and services now in the hands of customers.
A) Process management
B) Supply Chain management
C) Product/Service management
D) Efficient work flow
E) Distribution logistics

Question

Quizplus · Accepted Answer

Product/Service management refers to the full range of activities involved in bringing a product or service to market and supporting it throughout its lifecycle, from R&D to post-sales support. This includes tasks such as product design, development, testing, launch planning, pricing, promotion, and ongoing customer support. Effective product/service management is essential for ensuring that products and services are developed and delivered efficiently, meeting customer needs and maximizing profitability.

________ Refers to the Variety of Activities Which Commence with the Design