Product Development is a key component of Production and Quality Management. It involves the design, testing, and implementation of new products and services. It is a process that requires collaboration between multiple stakeholders, including engineers, designers, marketers, and production personnel. The goal of product development is to create a product that meets customer needs and is cost-effective to produce. Product Development involves a number of activities, such as market research, concept development, prototyping, testing, and production. It is important to ensure that the product meets customer requirements and is of high quality. Quality assurance is an important part of the product development process, as it ensures that the product meets the desired standards. Companies in the Product Development market include Apple, Microsoft, Amazon, Samsung, and Google. These companies are leaders in the industry, offering innovative products and services to their customers. Show Less Read more
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