What steps or activities are involved in developing standards for the materials that are used in...

What steps or activities are involved in developing standards for the materials that are used in making a product?

Expert Solution

Seven steps are involved in developing standards for the material used in making ptoduct which are as follows-

1.IdeaGeneration

2.Idea Screening

3.Feature Specification

4.Development

5.Testing

6.Launch (Commercialization)

activities in each step:

1.Idea Generation- Generating an idea and description for the product or service.

2.Idea Screening- Evaluation of the new offering thus mistakes could be avoidedearly in the development process. Costs profits and potential sales of the offeringare calculated.

3.Feature Specification- Pricing and Features; Narrowing down of theproduct/service’s features. Which price points fits the needs of the customers.

4.Development- Designing of the offering and its manufacturing process.

5.Testing- Lab testing/ Alpha Testing of the offering and then with real customers.

6.Launch (Commercialization) - Company makes the offering available tocustomers.

ekkarill92 answered 1 year ago

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