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Mkt380q - New Product Development - Final Exam

72 Questions  I  By Sjl7399
MKT380Q - New Product Development - FINAL EXAM
This exam is your FINAL exam of the semester. It is worth 40% of your grade as indicated in the syllabus provided for you at the beginning of the term.
Make sure to answer all questions accurately and follow any indicated directions.

  
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1.  In which order do we perform these tasks:
A.
B.
C.
2.  Proper development and testing can prevent:
A.
B.
C.
D.
3.  The timing of patent applications must be within:
A.
B.
C.
D.
4.  The sooner the product is brought to the market the better, even if quality is sacrificed. We can always improve it.
A.
B.
5.  One of the criteria for evaluating fundamentally new product include; The fit with a competitor's capabilities
A.
B.
6.  Matching the survey format is a part of which process?
A.
B.
C.
D.
7.  An injection mold is an example of an direct cost:
A.
B.
8.  When constructing a product development plan, one should:
A.
B.
C.
D.
9.  What are two ineffective interaction techniques with customers you can utilize?
A.
B.
C.
D.
E.
10.  Raw data allows us to:
A.
B.
C.
D.
11.  When you decide to communicate your concept, one tends to utilize:
A.
B.
C.
D.
12.  When people have to learn new skills, they are often:
A.
B.
C.
D.
13.  What does watching for nonverbal information tell us?
A.
B.
C.
D.
14.  Which of these accurately reflects the concept development process?
A.
B.
C.
D.
15.  The produc planning process involves:
A.
B.
C.
D.
16.  Custom component parts are specifically made by:
A.
B.
C.
D.
17.  A customer focused product is effective for group decision making:
A.
B.
18.  What is the formula and/or how do we charge for the assembly process? Give an example using the formula
19.  Barriers to competiton include; patents, trade secrets, governmental regulations
A.
B.
20.  Product quality is reflected in the product price customers are willing to pay:
A.
B.
21.  Joint ventures and partnerships can often be suggested as a creative way of leveraging when one is unsure about the product success outcome:
A.
B.
22.  If a prototype os not fully developed, it is called:
A.
B.
C.
23.  When adopter buy low end products and trade up it is known as: Segment readiness
A.
B.
24.  Stakeholders are NOT factors in developing your project plan:
A.
B.
25.  Most products take two years to develop:
A.
B.
26.  What types of quantitative statistical scale is generally used to intiiate responses in an order/ranking?
A.
B.
C.
D.
27.  Xerox's primary strategy is to:
A.
B.
C.
D.
28.  What does surveying reflect?
A.
B.
C.
D.
29.  What sort of guidelines do are created for developing the concept of a new product?
A.
B.
C.
D.
E.
F.
30.  Three guidelines for manufacturing parts include; facilitate parts handling, use self fastening parts, and stack assemblies
A.
B.
31.  Raw materials, labor, and purchased components can all be contributed to:
A.
B.
C.
D.
32.  Idntifying customer needs is an integral part of:
A.
B.
C.
D.
33.  Three markets you can consider when developing your product plan are the: primary, secondary, and tertiary
A.
B.
34.  Please explain in one - two paragraphs the overview of the DFM process (Makes ure to include specific information from your powerpoints):
35.  Which is true of the team developing the product?
A.
B.
C.
36.  Entering a new market is often to rejuvinate a portfolio:
A.
B.
37.  Concept selection is the process of:
38.  Labor, equipment, and tolling are all a part of:
A.
B.
C.
D.
39.  Competitive design allows for positive group decision making.
A.
B.
40.  This format is best in facilitating ranking and sensitivity analysis:
A.
B.
C.
D.
41.  Four methods of documenting interactions include:
A.
B.
C.
D.
42.  Please create a flow chart that accurately describes the manufacturing costs structure:
43.  The summary of the invention points out:
44.  Carefully designed products do NOT facilitate the rapid development of derivative products with various features and functions
A.
B.
45.  Estimations of manufacturing, costs, production, volumes, and so forth are all a part of:
A.
B.
C.
D.
46.  Concept screening and scoring involve:
A.
B.
C.
D.
47.  Which if these product development processes accurately describes the sequence of events in developing a new product?
A.
B.
C.
D.
48.  New product development involves:
A.
B.
C.
D.
49.  A product champion is when:
50.  Production efficience can fail due to economies of scale
A.
B.
51.  Better product process coordinations comes from a good customer focused product:
A.
B.
52.  Teams should judge the go-ahead on a project:
A.
B.
C.
D.
53.  ATM's, Battery pace-makers, VCR's, and once-a-day medications are all examples of:
A.
B.
C.
D.
54.  What are the three divisions that are primaril;y responsible for designing and developing products? (Please state the department and teh role in the development process)
55.  The goal of identifying customer needs is to:
A.
B.
C.
D.
56.  Which of these combines the richness of video and still images of a product simultaneously?
A.
B.
C.
57.  Four types of patents include:
58.  Test-prep kitchen meals were an example of:
A.
B.
C.
D.
59.  When a team lists the strengths and weaknesses of each concept it is known as:
60.  What are the prefered methods of surveying?
A.
B.
C.
D.
E.
F.
G.
H.
I.
J.
K.
61.  Raw material costs are not added to the processing costs for the operator and machinery:
A.
B.
62.  A typical utility patents is issued for fifteen years:
A.
B.
63.  DFM is also knowns as:
A.
B.
C.
D.
64.  When you interpret the results and reflection process, you should:
A.
B.
C.
D.
65.  The goal of concept selection is:
A.
B.
C.
D.
66.  Business partners assist in identifying opportunities
A.
B.
67.  It should not take more than five seconds to handle and insert a part that is perfectly suited for assembly:
A.
B.
68.  Decision matrices rate:
A.
B.
C.
D.
69.  Where do opportunities come from?
A.
B.
C.
D.
70.  The product planning process involves:
A.
B.
C.
D.
71.  Aggregate planning is NOT inclusive of projects that can be done in a reasonable time with budgeted resources:
A.
B.
72.  When custom parts are singular, we:
A.
B.
C.
D.
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