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Explain the importance of developing new products. How does globalization effect the development of new products? Outline the six (6) different types of new products

Explain the importance of developing new products. How does globalization effect the development of new products? Outline the six (6) different types of new products and explain each. What are the five (5) phases of the new product development process. What is a product innovation charter (PIC)? Explain phase one of the new product development process

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