Product Development Process
- Created by: Draconis ^.^
- Created on: 13-01-16 10:26
Other questions in this quiz
2. Which option describes Concept Development?
- Product Launch Activities, Advertising, Distribution Pipeline, Critical Path Analysis
- Customer Reaction, Impact on Existing Portfolio, Value Analysis
- Intellectual Property Issues, Product/Service Features, Benefits and Feasibility, Consumer Reaction, Production Cost-Effectiveness and Costs, Prospective Customer Liaison
- Estimating Likely Selling Price, Sales Volume, Profitability, Break-Even Point, Return on Investment
3. Which option descibes Technical Implementation?
- Product Launch Activities, Advertising, Distribution Pipeline, Critical Path Analysis
- Estimation of Resources Required, Finalise Quality Management System, Resource Estimation, Operational Management Plan, Publish Technical Communications (Data Sheets, Specifications), Finalise Supplier Agreements, Finalise Logistics Plan
- Intellectual Property Issues, Product/Service Features, Benefits and Feasibility, Consumer Reaction, Production Cost-Effectiveness and Costs, Prospective Customer Liaison
- Estimating Likely Selling Price, Sales Volume, Profitability, Break-Even Point, Return on Investment
4. Which option describes Idea Generation?
- Estimating Likely Selling Prices, Sales Volume, Profitability and Breakeven
- Intellectual Property Issues, Product Benefits and Features, Production Costs
- SWOT Analysis, Market Research, Customer Feedback, Analysis of Competitor Offer, Brainstorming New Product Ideas
- Elimination Unsound Concepts, Target Market (Size, Growth), Market Trends, Product/Service
5. Which option describes Business Analysis?
- Intellectual Property Issues, Product/Service Features, Benefits and Feasibility, Consumer Reaction, Production Cost-Effectiveness and Costs, Prospective Customer Liaison
- Product Launch Activities, Advertising, Distribution Pipeline, Critical Path Analysis
- Estimating Likely Selling Price, Sales Volume, Profitability, Break-Even Point, Return on Investment
- Customer Reaction, Impact on Existing Portfolio, Value Analysis
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