Question

Which is the last stage of the product planning and development process?

• A. Product development.
• B. Commercialisation
• C. Concept stage
• D. Marketing

Answer 1

Answer:

B. Commercialisation

The final stage in the product planning and development process involves taking the product to market. This stage includes activities such as product launch, marketing efforts, and distribution. It is crucial for ensuring the product reaches the target consumers and achieves commercial success.