new-product development — UK US noun [U] (ABBREVIATION NPD) PRODUCTION, MARKETING ► the process of developing a new product or service: »She now heads global marketing, with responsibility for new product development. »a new product development project/manager … Financial and business terms
New product development — In business and engineering, new product development (NPD) is the term used to describe the complete process of bringing a new product to market. A product is a set of benefits offered for exchange and can be tangible (that is, something physical … Wikipedia
new product development — /nju: prɒdʌkt dɪˌveləpmənt/ noun the process of developing completely new products or improving existing ones ● The company fell behind because it failed to invest enough in new product development. Abbr NPD … Marketing dictionary in english
product development — UK US noun [U] MARKETING, PRODUCTION ► the process of creating or improving a product or service and managing it during all stages from design through marketing: »The company s disappointing performance was blamed on not keeping pace with… … Financial and business terms
New product screening — is the process of filtering or screening new product developments before they enter the stage gate process and start to consume significant resources. The Stage Gate® process was created by Dr. Robert Cooper and is a method described by Cooper… … Wikipedia
New business development — concerns all the activities involved in realizing new business opportunities, including product or service design, business model design, and marketing. When splitting business development into two parts, we have: ‘business’ and ‘development’.… … Wikipedia
Product Development and Management Association — This article refers to a non profit organization. For other meanings, see PDMA. The Product Development and Management Asssociation, or PDMA, is a non profit professional society that organizes and publishes information about the development of… … Wikipedia
new product committee — /nju: prɒdʌkt kəˌmɪti/ noun a group of people from different departments in a company who work together on a new product development project ● The new product committee met regularly to monitor the progress in the product’s development … Marketing dictionary in english
product development — A strategy for company growth that relies on offering modified or new products to market segments currently being served. See product market strategy See also new product development … Big dictionary of business and management
product development — /ˌprɒdʌkt dɪ veləpmənt/ noun the process of improving an existing product line to meet the needs of the market. ⇒ new product development … Marketing dictionary in english
