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Describe the stages in the product life cycle.

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During introduction,the product reaches ...

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In which of the following ways is product development different for services than for physical goods?


A) Instead of gathering product ideas, the company goes immediately to the testing phase.
B) Instead of screening ideas, the company tests all of them, since no prototype is needed.
C) Instead of creating a prototype, the company develops a service process design.
D) The business analysis step is not needed, since there are no production costs with services.
E) The commercialization step is gradual for services, but rapid for physical goods.

F) None of the above
G) C) and E)

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