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Discuss the Role of New-Product Development in the Marketing Mix

question 55

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Discuss the role of new-product development in the marketing mix.Why is new-product development an important issue?


Definitions:

Traveling

The act of moving from one place to another, typically over some distance and for various purposes such as exploration, recreation, or business.

Overly Polite

A behavior characterized by an excessive or unnecessary formality or courtesy toward others.

Orientation Stage

The initial phase in a process or activity where individuals are introduced to and become acquainted with the necessary information, context, or skills.

Nervous

Refers to experiencing or exhibiting feelings of anxiety, tension, or unease, typically about an imminent event or something with an uncertain outcome.

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