There are various steps followed in product development. briefly list the steps and provide explanations.

Product development refers to introduction of new product or enhancement of some existing product.

Explanation: It has following steps :-

1. Idea generation : It refers to marketing research and collection of different ideas and opinions.

2. Idea screening : It refers to analyzing those ideas.

3. Concept testing : It refers to analyzing the feedback from a sample of customers.

4. Business analysis : Evaluating whether the product will be profitable or not

5. Product development : Initiation of product introduction.

6. Test marketing : Introduction of product at a small stage

7. commercialization : Introducing product at a large level if the testing as successful.

8. Review of market performance : Monitoring the performance of product in the market.

what is the tax base for the sales tax?

it should be (usually ) 6%

the question deals with financial planning and the answer is that dan did not stay on budget due to the fact that this guy needs to start decreasing his discretionary spending. according to the financial plan, he needed to balance his expenses and resources.