In the context of research and development, which of the following is true of product development?

In the context of research and development, which of the following is true of product development?



a. It converts applications into marketable products.

b. It makes cosmetic or functional changes to an existing product.

c. It analyzes a brand, a product form, or a product category.

d. It traces the stages of a product's acceptance, from its introduction to its decline.



Answer: a. It converts applications into marketable products.


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