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