Product Development

What is the primary purpose of the ideation phase in product development?

• Cost estimation

• Idea generation

• Prototype testing

• Market analysis

What is the purpose of a SWOT analysis in product development?

• Resource allocation

• Risk management

• Identifying strengths, weaknesses, opportunities, and threats

• Market segmentation

Which of the following is a common challenge in the prototyping phase of product development?

• .Lack of customer feedback

• Overemphasis on speed

• Limited budget

• Excessive documentation

What role does market research play in the product development process?

• Testing prototypes

• Identifying customer needs and preferences

• Code development

• Project management

What is the main goal of testing in product development?

• Code optimization

• Assessing market potential

• Evaluating user experience and interface

• Financial forecasting