Meaning of the word "product development" in English
What does "product development" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
product development
US /ˈprɑː.dʌkt dɪˈvel.əp.mənt/
UK /ˈprɑː.dʌkt dɪˈvel.əp.mənt/
Noun
1.
the process of creating and marketing new products or improving existing ones
Example:
•
Our company invests heavily in product development to stay competitive.
•
The team is currently focused on the next phase of product development.
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