Question: Please answer all question in long essay. A ) List and explain the importance new product development. (20 marks) B) List and explain why new

Please answer all question in long essay.

A ) List and explain the importance new product development. (20 marks)

B) List and explain why new product development projects fail. (20 marks)

C) Explain the FIVE (5) phases of the new product development process. (20 Marks)

D) Discuss the advantages and disadvantages of product development strategies.(20 Marks)

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