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You are required to develop a new product development system for an organization for products dealing with household appliances.
Describe the different stages a proposed product will need to go through before it’s commercialized. Where will ideas for the new product come from and how will you filter the different ideas? What are your criteria for selecting an idea to move to the next stage? Design a flow chart for your proposed new product development process to serve as a guide to your discussion. Submit your answers in a three- to four-page Microsoft Word document.

  1. Described the different stages a proposed product will need to go through before it’s commercialized.
  2. Analyzed where ideas for the new product will come from and how you will filter the different ideas.
  3. Analyzed and justified the criteria for selecting an idea to move to the next stage.
  4. Designed a flow chart for your proposed new product development process.
  5. Justified ideas and responses by using appropriate examples and references from texts, (Grewal. M: Marketing, 2nd Edition. McGraw-Hill Learning Solutions), Web sites, other references, or personal experience and cited the sources in the APA format.
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