A Theoretical Approach to New Product Development Strategies

Yakup Durmaz and Merve Can Sirin
Additional contact information
Yakup Durmaz: Hasan Kalyoncu University,Turkey
Merve Can Sirin: Hasan Kalyoncu University,Turkey

International Journal of Academic Research in Management and Business, 2017, vol. 2, issue 1, 1-5

Abstract: Companies have to develop their products on a constant basis to keep up with the technologic developments, respond to clients’ demands, and keep the advantage over the rivals. A decrease in the product lifespan forces the manufacturers to change constantly. However the design, production and marketing of the developed product are all tedious processes. That's why companies have to make careful decisions and make competitive choices to keep the advantage over rivals .Otherwise a process where there's no turning back will emerge to set a failure in profit loss, against all the forecasts of benefit .

Keywords: product development; new product; new product development process (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://journals.editions-academiques.com/index.php/IJARMB/article/view/40/29 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:iap:ijarmb:v:2:y:2017:i:1:p:1-5

Access Statistics for this article

More articles in International Journal of Academic Research in Management and Business from International Journal of Academic Research in Management and Business
Bibliographic data for series maintained by Mahdi Alibi ().