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Q: What is Operation strategy about new product development?
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What are some typical business strategies?

For merchandising businesses, when a business wants to enter an existing market with a new product, the appropriate strategy is called "product development", and when there is an existing product, the strategy is called "market penetration". When a business wants to create a new market with a new product, the strategy is called "diversification", and when a company wants to introduce an existing product onto a new market, the strategy is called "market development".


What product-mix strategy is Disney pursuing with the development of the new park in HongKong?

product mix


What is a marketing strategy that creates new products for present markets?

market strategy development and trhe whole pocess of new product is known as new product develpment process


What are the new product development of hul?

idea generation product concept market strategy business analysis development design test marketing commercialization


Creating a new product life cycle is the underlying philosophy of a strategy based on A. product development B. innovation C. market development D. vertical integration E. horizontal integration?

Market Development


What area manager make strategy for introducing new product in pharma industry in his territory?

strategy for introducing new product in the territory


What is product adaptation?

Product adaptation is a kind of marketing strategy wherein a company develop new products. The new product is based on modification of existing items.


What is a Strategy that creates new products for present markets?

I'm not sure of what your question applies. But taking it in such a way I would like to point here my suggestions of what I have understood from the question. - Marketing strategy doesn't intend in the creation of new products. Moreover, marketing strategy has been structured in gaining a better visibility to the new products (*completely a reverse procedure). Applying a better marketing technique will bring in a better result for the product, in which the users will suppose to be your customers after. It models your business product to the fame and thus, it lets the users to have a try with your product. This in turn will aid you to experience the growth in ROI of your business :)


Difference between product development and new product development?

The former is an old process whilst the latter is a new one.


What is product invention strategy?

A new product, or a major improvement to an existing product, is called an invention.An invention strategy is a summary of your idea that tells the world what it is, why they need it and how your invention is superior to other products.


What is r and d strategy?

R&D strategy refers to a company's plan for conducting research and development activities to drive innovation and product development. It outlines how resources will be allocated to support the creation of new products or services, improve existing ones, or develop new technologies to maintain a competitive edge in the market.


What is product lifecycle design?

Product Lifecycle Design is the 2nd step in the Development stage of Product Lifecycle Management. All products go through stages as they age. These stages are called a product's "lifecycle" and usually include Development Introduction. Growth, Maturity, Decline. The demand and profitability of a product changes as it ages through these stages. As companies became more effective at marketing, Product Lifecycle Management (PLM) became an important strategy to maximize profit and demand and includes timing for product refreshes, discounting and of course new product development (NPD) and new designs to replace those in the decline stage.