Test
Please write your name here:
Please read each question carefully.
- Which is not a step in the new product development process?
- Business Analysis
- Idea Generation
- Idea Screening
- Prototype Testing
- Waiting for Competitors
- During which phase are marketing and engineering details are developed?
- Business Analysis
- Concept Development and Testing
- Idea Generation
- Product Commercialization
- Prototype Testing
- Which is not part of the product commercialization step?
- Filling the distribution pipeline with the product.
- Launching the product.
- Performing critical path analysis.
- Producing and placing advertisements.
- Using computer-aided modeling in the design.
- Which statement is false regarding brainstorming?
- Good ideas can be combined to form a single very good idea.
- It is a group creativity technique designed to generate a large number of ideas for the solution to a problem.
- It is the free association of different ideas to form new ideas and concepts.
- It is where a group of people use social hierarchy and rules to generate new ideas and solutions.
- It was first popularized by Alex Faickney Osborn.
- Which is not a brainstorming rule?
- Combine and improve ideas
- Encourage wild ideas
- Focus on quantity
- NO criticism
- Quality over quantity
- Who organizes the brainstorming session?
- Chairman
- Facilitator
- Idea Collector
- Moderator
- Supervisor
- Which is not a responsibility of the moderator of a brainstorming session?
- Collecting and recording ideas.
- Introducing the session.
- Making the participants feel comfortable.
- Making the session run smoothly.
- Stimulating creatitivity if the creative process slows down.
- Which statement is false?
- Companies always see new product development as a reactive process.
- Companies see new product development as an ongoing process.
- Companies see new product development as the first stage in generating and commercializing new products.
- New Product Development begins with an idea and ends with the successful launch of a new product.
- New Product Development is the complete process of bringing a new product or service to market.
- What is a product?
- A good or service which can be bought and sold that might satisfy a want or need.
- A group of functions that are closely related.
- A set of instructions for how to use an existing appliance in a new way.
- Anything that works well.
- Custom made software.
- Which statement is false regarding superior products?
- Are a better value to the consumer than competitive products.
- Have a new, higher level of quality.
- Have features and benefits that effectively meet needs of the consumer.
- Meet all government regulations and international standards.
- Provide a new and better solution to a current problem.
- Which is not a characteristic of a successful product?
- It drives the market.
- It has quickly come to market.
- It has the most features.
- It is easy to use.
- It is well supported.
- Which is not a characteristic of a great enterprise software products?
- Designed for the sales channel.
- Easy product installation, configuration, and integration.
- Easy to use.
- Is custom made.
- Meets the needs of the buyer and the end user.
- Which is not a way to improve new product success?
- Better idea generation
- Better idea screening
- Better research
- Measure profits
- Measure success
- Which statement is false?
- Good market analysis depends on good research.
- Good research is always expensive.
- Idea generation is the first step in the new product development process.
- Measuring new product development success facilitates root-cause analysis to correct the process.
- Measuring new product development success permits knowing if the process is malfunctioning.
- What does successful idea screening depend on?
- Expedient solutions
- Ideas
- Opinions
- Product manager's intuition
- Proper analysis of data
- Which statement is false?
- Experience in introducing new products enables companies to improve new product performance.
- Successful innovative companies have a formal new product development process in place for a long period of time.
- Successful innovative companies have a management style that is dogmatic and rigid.
- Successful innovative companies have metrics to measure the new product development process.
- Successful innovative companies house their new product organization in R&D or engineering.
- What is the fundamental reason for focusing on quality?
- Better service
- Increased profitability
- Less government intervention
- Lower warranty costs
- More sales
- Which is a consequence of poor quality?
- It leads to product failure.
- It will delight the buyer.
- The buyer will buy any other product from the company.
- The buyer will buy the product again.
- The buyer will not tell their friends and relatives about their bad experience.
- Which statement is false?
- In order to export products into other countries, standards of quality have to be met.
- Quality can be achieved by producing statistics and defining proper threshold values.
- Quality is always in the eye of the beholder.
- The government cannot mandate quality.
- World class quality is needed for products to succeed in international markets.
- Advanced Product Quality Planning is primarily used in which industry?
- Automotive
- Dairy
- Government
- Mobile telephone
- Software development
- What is functional worth?
- An unsubstantiated estimation of the product's worth.
- Anything that makes the product work.
- The lowest cost to provide a given function.
- The measured and validated product worth.
- Value based on actual components.
- What is perceived value?
- An unsubstantiated estimation of the product's worth.
- Anything that makes the product work.
- Anything that can be modified or eliminated to reduce product cost.
- The measured and validated product worth.
- Value based on actual components.
- Which statement is false regading value engineering?
- Function is always described in two words; an active verb and measurable noun.
- Gathering information is part of value engineering.
- Value engineering uses a thought process that is based exclusively on product features.
- Value engineering uses an unique how and why questioning technique.
- Value engineering uses rational logic and the analysis of function to identify relationships that increase value.
- Which statement is false regading value?
- Customers interpret the value of a product in different ways.
- Value can be defined by both qualitative and quantitative measures.
- Value can be increased by either improving the function or reducing the cost.
- Value changes based on time, place and people in relation to changing environmental factors.
- Value is constant.
- What is another term for User Centered Design?
- End User Analysis
- Scenario Testing
- Useability Engineering
- Useability Studies
- Useability Testing
- What are Useability Guidelines?
- A list of recommendations concerning the concept and user interface of the product.
- A list of questions to ask useability test participans.
- Guidelines for recruting useability test participans.
- Guidelines for writing a report on useability test findings and recommendations.
- What is to be learned from an useability test.
- What is the observation and analysis of user behavior while users are using a product or product prototype to achieve a goal?
- End User Analysis
- Expert Analysis
- Useability Studies
- Useability Testing
- User Centered Design
- Which is not an useability factor?
- Ease of learning
- Efficiency of use
- Memorability
- Subjective satisfaction
- Testing early and often
- The structure of the product management team should be molded to be all except?
- Able to maximize the delivery of product features.
- Defined around existing and emerging lines of business within the company.
- Flexible to allow product managers to engage in new product and market research.
- Focused on the products under management.
- Nimble enough to adapt to market changes or new strategic initiatives.
- The product manager is responsible for all except?
- Communicating the vision.
- Defining the product.
- Leading the product development team.
- Writing the press releases.
- Writing the product specification.
- What is a portfolio?
- A collection of product road maps.
- A group of products and product lines the firm has placed in the market.
- Reusable presentation materials.
- A strategy for the product.
- The product specification.
- Which statement is false?
- Company executives dictate the product plan.
- Good product managers anticipate executive's concerns and address them proactively.
- Good product managers project confidence in themselves and their product plan.
- Obtaining the support of company executives is critical to continuing the new product development effort.
- The product manager is the product ambassador.
- Which statement is true?
- Enthusiasm is dangerous.
- Evalutating a candidate's integrity is easy.
- The level of effort and commitment is uniform throughout the life of the product.
- The product manager directly manages the people on the product team.
- The product manager must be willing to trust those people to do their job.
- When making presentations, great product managers are all of the following except?
- Clearly knowledgeable about their product.
- Engaging.
- Enthusiastic about their product.
- Presenting with a maximum number of slides.
- Speaking clearly and to the point.
- How long does it take to get a new product manager up to speed?
- Months
- One day
- One week
- Two weeks
- Two years
- To work effectively with the engineering team, the product manager should have all of the following except?
- A deep understanding of product positioning and branding.
- A deep understanding of the technology.
- The ability to speak the language of engineering.
- The ability to understand and appreciate engineering issues.
- The respect of the engineering team.
- Which is the best approach to developing a new product?
- Envision a form of the new product, get it ISO 9000 certified and sell it to the customer.
- Envision a form of the new product, use a technology that creates that form and sell it to the customer.
- Get management to commit to support the new product idea and sell it to the customer.
- Start with an interesting technology, develop a form that gives it substance and sell it to the customer.
- Understand the needs of the customer to clarify the benefits, identify the technology that meets those needs and develop a form to deliver the technology.
- Concept testing should be accomplished on a new concept primarily for which of the following reasons?
- To determine whether the new product is cost effective.
- To determine whether the new product meets the customer needs.
- To determine whether the product works as expected.
- To eliminate poor concepts and help develop the good concepts.
- To test the product package and the marketing plan.
- Which is the most appropriate role for the marketing team member in technical product development?
- Lead the new product development team.
- Make marketing decisions without the involvement of technical people.
- Screen technical product development team members attempts to talk to customers.
- Specialize in the technical details of the new product.
- Stay informed about technical progress, by attending team meetings, etc.
- Regarding senior management's involvement in new product development, which statement is most appropriate?
- They should be heavily involved in a new product's development from start to finish because they should not expect the project leaders to be effective.
- They should get involved early in a new product's development when they can most effectively impact outcome.
- They should hold off on getting involved until late in a new product's development so that they do not waste their time.
- They should not be involved in a new product's development because they cannot dictate a good startegy.
- They should not have any involvement in a new product's development because this is not a good use of their time.
- What do new products include?
- Additions to product lines.
- Additions to product lines and new to the world products.
- Additions to product lines, or enhancements, new category entries, or platforms, and new to the world products.
- Only new category entries, or platforms.
- Only new to the world products.
- Which describes a winner in new product development?
- A senior management role in which they micro-manage the process.
- A company that finds market reseach is too expensive and time consuming.
- A company with a strong market orientation: market driven, customer focused.
- Frugal resource investment, at the expense of speed and quality of execution
- Reactive jumping to new product project execution without spending time on predevelopment homework
- In the idea generation phase of the new product process, which statement is correct?
- Generate as few new product ideas as possible for a new product opportunity because this process costs money and high idea creation costs can kill a product idea.
- Generate as few new product ideas as possible for a new product opportunity because this process takes time and speed to market is of the essence.
- Generate as few new product ideas as possible for a new product opportunity with as many features are can be imagined because features add value to the product.
- Generate as many new product ideas as possible for a new product opportunity, because the more ideas that are generated, the higher the probability of a successful idea.
- Only generate one new product idea for a new product opportunity and stick with it.
Congratulations!