Chapter 18 introduces how to develop new market offerings. Please read the secti

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Chapter 18 introduces how to develop new market offerings. Please read the secti

Chapter 18 introduces how to develop new market offerings. Please read the section “The stage-gate approach to developing new offering” and answer the following question. (Minimum 150 words)
Describe the steps of developing a new product and discuss the importance of each step to the success of a new product.

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