View source for PLANNING, PRODUCT

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== Definitions ==

[[PLANNING|planning]] related to the development, modification, [[PRODUCTION|production]] and sales of products. [[PRODUCT_PLANNING|Product planning]] utilizes [[MARKET|market]] [[RESEARCH,_PUBLIC_OPINION|research, public opinion]] surveys, sales [[STATISTICS|statistics]], etc., to determine what products to introduce or [[DEVELOP|develop]], what designs, features or modifications to [[INCORPORATE|incorporate]] in products, what [[QUANTITY|quantity]] to [[PRODUCE|produce]], what [[PRICE|price]] to [[CHARGE|charge]], what markets to develop or utilize, etc. [[PRODUCT|Product]] planning is a [[SIMILAR|similar]] [[TERM|term]] to [[PRODUCT_STRATEGY|product strategy]] but the latter implies a strategy resulting from product planning.