Answer: evaluation and screening
Explanation:
When a product is new it needs to be measured against known criteria. The product ideas need to be evaluated in order to see if they are worth implementing. Screening is a way of trying to understand if the new product is compatible with the markert and if it will strive to bring success to the business or a return.
When a product doesn't meet certain criteria that are crucial it needs to be discarded.
Criteria that the product can be screened in are :
- the demand for the product
- studying customers behavior and expectations
- is it affordable
- technical viability
- profitability
- competition that are already there in the markert