Question: 2. There are seven stages in the new-product development process that businesses must perform in order to ensure a better chance of success in their

2. There are seven stages in the new-product development process that businesses must perform in order to ensure a better chance of success in their new product launches. (a) Identify (list out) each stage in the 7 new-product development processes in the correct order or sequence. (b) Briefly describe what a business organization would often do in the second stage of their new-product development process.

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