Question

Which of the following is broadly defined as the development of new products, processes, organizations, management practices, and strategies?

Answer 1

In development of new products, the most defined aspect is the processes. It takes a great deal of effort and time in product creation in laboratories. Testing the feasibility of new product in actual manufacturing environment. Trials are done to capture and document actual procedures, machine specifications, safety requirement, and actual working parameters to achieve the desired specification of the new product.