A) development
B) screening and evaluation
C) idea generation
D) new-product strategy development
E) business analysis
Correct Answer
verified
A) intangibility
B) impressionability
C) incongruity
D) inseparability
E) inflexibility
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verified
A) brainstorming
B) crowdsourcing
C) group think
D) outsourcing
E) data mining
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verified
A) cross-functional teams
B) the marketing department
C) research and development engineers
D) product managers
E) top management
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verified
A) poor product quality.
B) no economical access to buyers.
C) an insignificant point of difference.
D) incomplete market and product protocol.
E) poor execution of the marketing mix.
Correct Answer
verified
A) reliability,responsiveness,competence,courtesy,and empathy.
B) knowledge,responsiveness,respect,diligence,and honesty.
C) honesty,respect,empathy,reliability,and diligence.
D) reliability,competence,alacrity,fairness,and product knowledge.
E) reliability,tangibility,responsiveness,assurance,and empathy.
Correct Answer
verified
A) developing off-peak pricing strategies
B) using fast prototyping to improve the initial design
C) ensuring that employees have the commitment and skills to meet customers' expectations and sustain their loyalty
D) using capacity management models to match service availability with consumers' needs
E) analyzing the sequence of service encounters
Correct Answer
verified
A) production goods.
B) components.
C) accessories.
D) support products.
E) raw assemblies.
Correct Answer
verified
A) assurance
B) tangibility (tangibles)
C) reliability
D) responsiveness
E) empathy
Correct Answer
verified
A) reliability
B) assurance
C) accuracy
D) responsiveness
E) empathy
Correct Answer
verified
A) continuous innovation.
B) discontinuous innovation.
C) dynamically continuous innovation.
D) spontaneous innovation.
E) continuous invention.
Correct Answer
verified
A) continuous innovation.
B) dynamically continuous innovation.
C) disruptive improvement.
D) discontinuous innovation.
E) evolutionary innovation.
Correct Answer
verified
A) exposing actual products to prospective consumers under realistic purchase conditions to see if they will buy.
B) making sales and profit projections on prototype products to make go-no-go decisions.
C) conducting marketing research among a sample of consumers in the target market to determine which version of a new-product concept is deemed the best.
D) independently run comparison tests with similar products currently in the marketplace to determine which one performs best.
E) conducting safety tests to determine whether the new product meets the established requirements when it isn't used as planned.
Correct Answer
verified
A) market grouping.
B) product mix.
C) product class.
D) marketing mix.
E) SKU line.
Correct Answer
verified
A) open innovation
B) screening and evaluation
C) product development
D) new-product strategy development
E) idea generation
Correct Answer
verified
A) incongruity of the service.
B) inseparability of the service.
C) intangibility of the service.
D) inflexibility of the service.
E) interdependence of the service.
Correct Answer
verified
A) commercialization.
B) screening and evaluation.
C) business analysis.
D) development.
E) market testing.
Correct Answer
verified
A) Einstein
B) Hillary Clinton
C) gatekeeper
D) Picasso
E) CEO
Correct Answer
verified
A) the stage of the new-product process where specific product features and benefits are selected prior creating a new-product prototype.
B) the stage of the new-product process that defines the strategic role for a new product in terms of the firm's overall objectives.
C) a formalized protocol for new product development determined by director of marketing.
D) the process of presenting cross-functional teams with a written new-product concept statement and asking them to respond to it in writing.
E) the stage of the new-product process that turns the idea on paper into a prototype,which results in a demonstrable,producible product corresponding to its protocol.
Correct Answer
verified
A) product mix.
B) stock keeping units.
C) product category.
D) product class.
E) marketing category.
Correct Answer
verified
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