Flashcards in Product development Deck (9)
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1
Types of product development?
novel, improvements on existing products, line extensions, clones
2
elements of product development team?
marketing, cost accounting, Q.A. (food control), production (operations), product development scientists
3
product development stages?
concept/idea, development, commercial (implementation)
4
last date of maximum quality, required when 90 days or less
best before/best if used by date
5
date that no longer can guarantee nutrition info advertised on pack/reduced potency
use by/expiration date
6
canned goods have BB ___ after production, white flour ____, homogenized milk ___, ground beef ___
3 years; 6-12 months; 3 weeks; 2 days
7
Sector 1 is ____, sector 2 is _____, sector 3 is ___, sector 4 is ____
market share; new products; market development; diversification
8
highest risk strategy?
diversification (new product, new market)
9