Product Development Flashcards

1
Q

Describe concept generation

A

It is the first stage of product development and it is important for generating new ideas and finding a gap in the market

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2
Q

Describe concept screening

A

It is the second stage of product development. The ideas get screened. Only the best ideas get taken forward.

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3
Q

Describe prototype production

A

It is the third stage of product development. The prototype is developed. The prototype is tested and may be further modified.

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4
Q

Describe product testing

A

It is the fourth stage of product development. It helps to obtain more opinions and make more suitable and popular.

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5
Q

Describe first production run

A

It is the fifth stage of product development. Production of the actual item for the first time. Tests product to make sure quality is of a high standard.

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6
Q

Describe marketing plan

A

It is the sixth stage of product development. Allows a range of activities to be carried out to promote the product.

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7
Q

Describe product launch

A

It is the seventh stage of product development. The item is now on sale. Sales figures will be checked very carefully.

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8
Q

Name the 7 stages of product development in order

A

Concept generation.
Concept screening.
Prototype production.
Product testing.
First production run.
Marketing plan.
Product launch.

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9
Q

State the types of sensory testing.

A

Ratings test.
Rankings test.
Paired comparison test.
Profiling test.

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