Explain the steps and the main task(s) that must be completed in the new product development process.

For this assignment, choose a new product from an industry you are familiar with and develop a table in which you include the following:
Explain the steps and the main task(s) that must be completed in the new product development process.
Explain why these steps are important.
Describe the challenges that are presented in each step.
In addition to the table, make sure to include an introduction, summary, and conclusion.

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