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What is the difference between product design and product development?
What is the difference between product design and product development?
- Product design is the process of bringing a new product to market, while product development focuses on unique characteristics.
- Product design is about supply-chain-based idea generation, while product development is about research and development.
- Product design focuses on deciding unique characteristics, while product development involves bringing a new product to market. (correct)
- Product design involves idea generation, while product development involves competitor-based research.
Why do we develop new products?
Why do we develop new products?
- To meet customer needs and preferences. (correct)
- To compete with other companies in the market.
- To reduce the role of engineers in marketing new products.
- To increase research and development costs.
What is required for new product development?
What is required for new product development?
- Idea generation from suppliers and distributors.
- Studying competitor-based research.
- Reducing costs and increasing profit margins.
- Deliberate business process involving hundreds of decisions. (correct)
What is the role of engineers in marketing new products and services?
What is the role of engineers in marketing new products and services?
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Would engineers work in the service industry?
Would engineers work in the service industry?
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