<ul><li>Product development encompasses the creation, design, and development of a new product to fulfill market requirements.</li><li>Process development focuses on how a product is made or how a service is delivered, ensuring efficiency and consistency.</li><li>Product development is customer-focused, gathering demands, prototyping, testing, and launching the end product.</li><li>Process development aims for operational scalability, cost reduction, and consistent output.</li></ul>

What is Product and Process Development?

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