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At the recent annual meeting of Apple shareholders, the iCar product design was unveiled and it...

At the recent annual meeting of Apple shareholders, the iCar product design was unveiled and it was announced that sales would most likely begin in the first half of the next year. At which stage of the new product development process is the iCar?

-Launch

-feature specification

-testing

-development

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Answer #1

Launch

The launch stage is the one at which the product is revealed and is ready for sale in the market. The other options relate to the product development stage and this occurs when the product is not yet ready and under development.

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