Product decision Classification
Product decision classification refers to the process of categorizing product decisions based on their impact on the product development and management process.
Here are some common categories of product decisions:
- Strategic decisions: These decisions are high-level and have a long-term impact on the product. They involve identifying the target market, defining the product vision and goals, and creating a roadmap for product development.
- Tactical decisions: These decisions are more focused and have a short-term impact on the product. They involve prioritizing features, determining pricing, and creating marketing campaigns.
- Operational decisions: These decisions relate to the day-to-day management of the product. They involve managing the production process, setting up supply chains, and establishing customer service policies.
- Technical decisions: These decisions involve choosing the technology stack for the product, selecting tools for development and testing, and determining the architecture of the product.
- Design decisions: These decisions involve determining the visual and user interface design of the product. They include choosing colors, fonts, layouts, and user flows.
By categorizing product decisions, product managers can prioritize and allocate resources more effectively, ensuring that the product development process is aligned with the overall product strategy.
Pharmaceutical Product decision Classification
Pharmaceutical product decision classification refers to the process of categorizing product decisions in the pharmaceutical industry based on their impact on the product development and management process.
Here are some common categories of pharmaceutical product decisions:
- Research and Development (R&D) decisions: These decisions are high-level and have a long-term impact on the product. They involve identifying new drug targets, conducting clinical trials, and obtaining regulatory approval.
- Manufacturing decisions: These decisions are more focused and have a short-term impact on the product. They involve selecting the manufacturing site, scaling up production, and ensuring quality control.
- Marketing decisions: These decisions relate to the marketing and commercialization of the product. They involve determining pricing strategies, creating marketing campaigns, and establishing distribution channels.
- Regulatory decisions: These decisions involve obtaining regulatory approval for the product. They include preparing and submitting regulatory dossiers, responding to regulatory queries, and complying with regulatory guidelines.
- Medical decisions: These decisions involve determining the appropriate use of the product and providing medical information to healthcare professionals. They include developing medical information materials, conducting clinical studies, and providing medical support to patients.
By categorizing pharmaceutical product decisions, product managers can prioritize and allocate resources more effectively, ensuring that the product development process is aligned with the overall product strategy and regulatory requirements.
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