QUIZ#1 PRODUCT MANAGEMENT

QUIZ#1 PRODUCT MANAGEMENT

University

30 Qs

quiz-placeholder

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QUIZ#1 PRODUCT MANAGEMENT

QUIZ#1 PRODUCT MANAGEMENT

Assessment

Quiz

Business

University

Practice Problem

Medium

Created by

Reynan Guerrero

Used 9+ times

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30 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Anything that can be offered to a market for attention, acquisition, use, or consumption that might satisfy a want or need.

Product

Service

Tangible

Intangible

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It helps out individuals, groups, and organization become well-rounded in all aspects of life, work, career, business, and the like.

Data

Information

Concept

Idea

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It exists out of real needs, and there may be no substitute products available.

Replacement Products

Imitative Products

Innovative Products

Innovation Products

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

These products may be new to an imitating company but not from other companies. Imitating products are absolutely a legal act that’s why we are seeing products similar with others in physical features but then not with conceptual features.

Innovative Products

Replacement Products

Imitation Products

Imitative Products

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The creation of products with new or different characteristics that offer new or additional benefits to the customer.

Product Development

Product Planning

Business Plan

Marketing Plan

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This step measures the generated idea, chooses the best ideas, and eliminates unsound concepts.

Idea Generation

Idea Screening

Concept Development Testing

Business Analysis

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A stage when the product is launched in the market.

Decline

Maturity

Introduction Stage

Growth

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