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What is Product Development in functions of marketing?
3. What is Product Development in functions of marketing?
- Gather information and analyze the needs of the market
- Objectives of the company
- The product that suits the needs of the consumer
- Ensuring uniformity in the product
Answer: C) The product that suits the needs of the consumer
Explanation:
Product development is the finished course of conveying another item or working on a current one for clients. The clients can be outside or inside an organization. Also, it can uphold various kinds of items from programming to equipment, to buyer labour and products. Item advancement philosophies are utilized to construct numerous new contributions. In this article, we will zero in on its effect on programming advancement for paying clients.