Asked by Samira Saghafi on Jun 25, 2024
Verified
Sun Dane Inc.,a tire manufacturing company,is in the process of developing a new product.Its R&D team has shortlisted the idea of a tire fitted with a sheet to keep off dirt.It is in the process of transforming the idea into an actual model.Sun Dane is currently in the _____ stage.
A) idea development
B) business analysis
C) test marketing
D) commercialization
E) product development
R&D Team
A group of specialists working on research and development tasked with innovating and creating new products or improving existing ones.
- Distinguish and elucidate the steps in product development and its launch into the market.
Verified Answer
BD
Brianna DelisleJul 02, 2024
Final Answer :
E
Explanation :
The process of transforming an idea into an actual model falls under the product development stage. This stage involves creating prototypes or models, which is what Sun Dane Inc. is doing by developing a tire fitted with a sheet to keep off dirt.
Learning Objectives
- Distinguish and elucidate the steps in product development and its launch into the market.
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