Saturday, November 28, 2009

developing and managing products

time changes and innovation it the best way to change with it. most of the companys that bring something new to the market or modificate their products tend to be more sudceesful. innovation has a price and that price is higt. companies that have the money to spend in a new product tend to generate more profit but a new product in any category: new to the word product, new product line, addition to existing product, inprovement or revision of existing product, repositioned product or lower price product are a wery spensive invesment and like every product run the risk of falier but to invest on them helps a company to stay in the market.

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