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