New product development begins with a systematic search for new product ideas through idea generation.

Name: New product development begins with a systematic search for new product ideas through idea generation.
Brand: Quizplus
Rating: 5.0 (34 reviews)

Question

Quizplus · Accepted Answer

The statement is true. New product development does often begin with an idea generation process where companies actively seek out new product ideas through various methods such as customer surveys, market research, brainstorming sessions, and more.

New Product Development Begins with a Systematic Search for New