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24 October, 20:00

The new product development process has seven stages going from new product strategy development to commercialization. At which stage will a company identify feasible ideas and turn them into product concepts?

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  1. 24 October, 20:11
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    Screening and evaluation

    Explanation:

    The seven steps in the new product development process are:

    New-product strategy development Idea Generation Screening and evaluation : at this stage, ideas are filtered and funneled and you must separate only those truly worth pursuing. Business analysis Technical Development Market Testing Commercialization
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