Answer:
product development
Step-by-step explanation:
There are 7 stages in the new product development process:
- Idea generation
- Idea screening
- Concept development and testing
- Business and marketing strategy development
- Product development
- Test marketing
- Commercialization
During the product development stage all the ideas are turned into a working and tangible product. Generally prototypes are built at this stage to see if the ideas can become real products and test it quality.
During this stage, the product is tested within the company and can also be tested by outside users. It all depends on what type of product is being made.