Products that have revisions that take more than 1 year can not be revised until the following year. Thus, the statement is true.
A product is referred to as a finished item that is ready for sale in the market to serve the customers. These products are tangible in nature so that people can see, touch and use them.
Product revision has been referring to making any modifications or changes to the current product. These product revision has been done when customers are not satisfied with the quality or packaging of the product.
When the product is revised with a time duration of 3 months then this will be considered efficient whereas if takes time of more than a year, it will be considered a product failure.
The revision should not cause delay because there are many competitors available in the market to capture the target audience of your business.
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