COMMERCE ECONOMICS AND BUSINESS MANAGEMENT Journal homepage: www.jakraya.com/journal/cebm ORIGINAL ARTICLE The Impact of Product Planning and Development to Management Efficiency: A Case Study of Seven Up Bottling Company, Aba, Abia - State, Nigeria Iwunze FC1 1Department of Marketing, Imo State Polytechnic Umuagwo, Nigeria. Abstract This study concentrated on the impact of product planning and development to management efficiency. The main objective is to determine *Corresponding Author: how product planning and development can prevent product failure in the Iwunze FC market place. The study adopted the quasi - experimental design which made use of questionnaire and interview to gather information. Customers’ Email:
[email protected] needs and wants were determined when the organization applied on product planning which leads to the success. However, findings revealed that product planning and development created distinctive advantages in both Received: 03/06/2018 product and customer performance. The study recommends that planning Accepted: 01/07/2018 should always be made before development to ensure that product developed is what the customers need and required. Keywords: Product planning, Development, Management Efficiency, Seven Up Bottling Company, Organization. 1. Introduction develop new products usually have limited study in the The life cycle of a product and the life cycle of organisation, hence, there is need for product planning the respective production equipment intersect in the and development. Azu (2014) referred product production phase of the product, which at the same planning and development as characterized by risk and time represents the use phase of the production uncertainties. The dangers may be in wasting financial equipment (Steffens, 2002).