Definition: Product Development is a strategy and function aiming at selling new products (services) in current markets. |
More on product management: B2B Products, Perceptual Mapping, Planned Obsolescence, Positioning, Product, more on product management... MBA Brief provides concise yet precise definitions of organizational concepts, management methods, and business models as taught in an MBA program. We keep it short and provide links to high-quality websites where you can learn more about your topic. |
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