False that the conclusion of the product development process is when the product is withdrawn from the market.
Commercialization is the final stage of your new product development process, in which you introduce your products to the market. The final stage of new product development is the launch or commercialization of a new product (NPD). Production, distribution, marketing, sales, customer service, and other critical functions are required at this point to ensure commercial success. You now have a profitable and successful product ready for the world. The final step in this methodology is to take your product to market.
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