New Product Development Table / Paper

For this assignment, develop a table in which you include the following:

• Explain the steps and the main task that need to be completed in the new product development process.

• Explain why these steps are important?

• Describe the challenges that are presented in each step?

In addition to the table, include an introduction, summary and conclusion.

Support your paper with a minimum of three peer reviewed articles published in the last five years. In addition to these specified resources, other appropriate scholarly resources, including older articles, may be included.

Length: 3-5 pages not including title page and references

Your response should demonstrate thoughtful consideration of the ideas and concepts presented in the course and provide new thoughts and insights relating directly to this topic. Your response should reflect scholarly writing and current APA standards.