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