After conducting the business analysis for developing a new product, a company must do ________.

idea generation

No worries! We‘ve got your back. Try BYJU‘S free classes today!

product positioning

No worries! We‘ve got your back. Try BYJU‘S free classes today!

product development and testing

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

test marketing

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is D product development and testing
Product developing and testing refers to the process of developing the best suitable product to meet the target market's needs and testing whether the product developed by the company actually satisfies the target market's needs or not.

Suggest Corrections

Similar questions

Q. The strategy for testing a function when developing a software is made at.

Q. Which of the following doctor won Nobel prize for developing a technique for production of test tube baby?

Q. Mr. A wants to start his own business and is developing business plan of innovation. He is doing so for __________.

A company, which manufactures a popular brand of toys, has been enjoying good market reputation. It has a functional organisation structure with separate departments for production, marketing, finance, human resources and research and development. Lately, to use its brand name and also to cash on to new business opportunities, it is thinking to diversify into manufacture of the new range of electronic toys for which a new market is emerging.

Prepare a report regarding organisation structure giving concrete reasons with regard to benefits the company will derive from the steps it should take.

Q. A company, which manufactures a popular brand of toys, has been enjoying good market reputation. It has a functional organisational structure with separate departments for Production, Marketing, Finance, Human Resources and Research and Development.
Lately to use its brand name and also to cash on to new business opportunities it is thinking to diversify into manufacture of new range of electronic toys for which a new market is emerging.

Which organisation structure should be adopted in this situation? Give concrete reasons with regard to benefits the company will derive from the steps it should take.

Join BYJU'S Learning Program

After conducting the business analysis for developing a new product, a company must do ________.

The correct option is D product development and testingProduct developing and testing refers to the process of developing the best suitable product to meet the target market's needs and testing whether the product developed by the company actually satisfies the target market's needs or not.

The correct option is D product development and testing
Product developing and testing refers to the process of developing the best suitable product to meet the target market's needs and testing whether the product developed by the company actually satisfies the target market's needs or not.