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Process Materials
Materials that are purchased and are incorporated in a way that they are unrecognizable in the final product.

Product Audit
Evaluating the strengths and weaknesses of a company´s product in consideration of possible opportunities.

Product Development
A company´s growth strategy of developing new products or improving current products.

Product Life Cycle
The concept of a successful product´s life span being like that of a living being. The four typical stages of a product’s life consist of introductory/development, growth, maturity and decline.

Product Maintenance
Maintaining a product´s appeal to consumers with expansions, additions, updates and marketing strategies.

Production Pattern
Patterns that have been modified and finalized for mass production.

Prototype
A fully constructed early version or sample of a new product created for testing or presentation.