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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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Question Excerpt

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