Choose a new product from an industry you are familiar with and develop a table in which you include the following:
Explain the steps and the main task(s) that must 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, make sure to include an introduction, summary, and conclusion.
Support your paper with a minimum of three scholarly/peer-reviewed resources published in the last 5 years. In addition to these specified resources, other appropriate scholarly resources, including older articles, may be included.