Product development cycle, Other Management

Product development cycle 

All products under development typically follow the cycle of market place-to-market place. The development starts with identification of a product in market place, followed by market research for this product to confirm its potential, expected price range, features and so on, to ensure economic viability. Product design takes off at this stage followed by process design and operations. Subsequently, the product is ready for consumption and hits the market at a suitable time. The product designer should ensure that quality tag is inbuilt in each stage to provide a reliable, easily maintainable, cost effective and visually  attractive product to the consumer. Post sales warranty and service support will add a feather in the supplier customer service. 

There are few production processes followed by organisations. The organisation prepares a strategic business plan, which defines the major goals and objectives of the company. An effective planning is always required to implement any process or model in an organisation. 

Posted Date: 9/27/2012 9:35:46 AM | Location : United States







Related Discussions:- Product development cycle, Assignment Help, Ask Question on Product development cycle, Get Answer, Expert's Help, Product development cycle Discussions

Write discussion on Product development cycle
Your posts are moderated
Related Questions

Evaluation of Data : The historical data  should be subjected  to  two  types  of  evaluation. External Criticism: Evaluation of data  is concerned with authenticity or g

SELECTION TOOLS: NON-PRINT MATERIALS The production and distribution of non-print materials, is a recent development and therefore not as well organised as in the ease of prin

QUESTION Culture has become an essential element of the tourism system. Cultural tourism is also frequently quoted as being one of the largest and fastest growing segments of g

Question A) Write short notes on the Quality planning an element of Quality management Question B) What are the steps to the Fade QI model? Question C) Quality costs are

Merits of Dictionary Catalogue: a)  Its alphabetical arrangement is easy and simple to use. Anyone knowing the letters of an alphabet and being able to refer a dictionary can

QUESTION Ansoff's Matrix is described as a very useful tool that can be used in nearly every scenario. Define and describe Ansoff's Matrix. Explain how each of the four Quadran

Question A ) Discuss the changes in the composition of India's export and import since 1991. How has this affected Balance of payment situation of India? Question B ) Trading

Question 1 Define strategic quality management. Describe the elements of strategic quality management Question 2 Explain the types, advantages and drawbacks of qualitative re

(a) Explain the term Public Relations (PR) as per the British Institute of PR and illustrate the relevance and interdependence of i. PR and marketing and ii. PR and adverti