Session 2

Session 2

2nd Grade

24 Qs

quiz-placeholder

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Session 2

Session 2

Assessment

Quiz

Architecture

2nd Grade

Practice Problem

Medium

Created by

Pradeep Divakaran

Used 4+ times

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24 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

New product development starts with _____________.

Idea generation

Idea screening

Concept development

Concept testing

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A company can obtain new products through new product development. Which of the following defines new products?

Original product

product improvement

Product modification

All of the above

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Eliminating possibilities until one or two ideas are selected for development.

generating ideas

screening ideas

introducing the product

evaluating customer acceptance

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following phase involve selecting the best idea and dropping poor ideas?

Idea generation

Business Analysis

Market strategy development

Idea screening

5.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

A company has absorptive capabilities if it....

recognizes the signal from external environment

identifies and assimilates new information

transfers new information into innovation

develops new businesses

6.

MULTIPLE CHOICE QUESTION

45 sec • 5 pts

Loss aversion is the idea that...

We tend to make investments that lose money

We tend to avoid telling people about our losses

If you lose money, you shouldn’t be in charge of making financial decisions

We tend to feel the effect of losses more than the effect of similar gains

7.

MULTIPLE CHOICE QUESTION

45 sec • 5 pts

Which of the following loss aversion strategies best describes a streaming service that allows you to watch its content free for 30 days?

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Scarcity and urgency

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