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Product Stages

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Explain the main stages of developing and managing new products. Which stage do you think is most important? Why?

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The solution discusses the main stages of developing and managing new products.

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As OTAs, we cannot answer questions for students, but we can provide guidance to assist you in understanding the subject matter enough so it will allow you to answer the question. The following is close to 400 words to better assist.

Explain the main stages of developing and managing new products. Which stage do you think is most important? Why?

The first stage is knowing what the customer wants. Today's consumer wants "Green" products. A manufacturer of products must, somehow, incorporate "green" into its product line for the product to be competitive.

The second stage is idea generation. Now that the business knows what ...

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