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Product Development Quiz

Authored by Tyson Ellenberger

Business

9th Grade

Used 1+ times

Product Development Quiz
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9 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the ultimate goal of creating and improving products?

To increase brand recognition

To solve important problems

To dominate the market

To reduce competition

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of research involves analyzing existing information gathered for another purpose?

Primary research

Secondary research

Tertiary research

Experimental research

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the second step in the marketing research process?

Define the marketing problem

Study the situation

Gather and analyze info

Propose a solution

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of research study involves collecting data through questionnaires?

Surveys

Focus groups

Observation

Experiment

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a common tool used in surveys to collect data?

Interviews

Questionnaires

Experiments

Observations

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are additions and improvements to the basic product known as?

Product features

Product defects

Product limitations

Product costs

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a part of a product?

Basic product

Product warranty

Product packaging

Product advertisement

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