Product and Service Innovation Quiz

Quiz
•
Business
•
University
•
Hard
alberta henyo
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main purpose of product and service innovation?
To increase the number of product lines
To match competitors’ offerings
To create new or improved offerings that add value for customers
To expand into new geographic markets
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following best describes the role of creativity in product and service innovation?
It eliminates the need for customer research
It provides the original ideas that can be developed into innovations
It focuses only on visual design elements
It is the final stage in product development
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What distinguishes design from innovation in the context of product and service development?
Innovation is more technical than design
Design occurs before innovation
Design translates innovative ideas into usable, practical solutions
Innovation is not needed if design is strong
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is it important to involve customers in the design of products and services?
To get free marketing
To reduce the number of design stages
To ensure the final offering meets their actual needs and preferences
To avoid competitor imitation
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary benefit of using simultaneous arrangement in the design process?
Minimizes quality issues
Ensures regulatory compliance
Reduces time to market by overlapping stages
Prevents budget overruns
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In a sequential design process, what is a common disadvantage?
Feedback and errors are discovered late in the process
Customer requirements are ignored
Design teams work independently
Quality is sacrificed for speed
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a key objective of the product and service design process?
Reduce marketing costs
Increase workforce productivity
Deliver quality, speed, dependability, flexibility, and cost-efficiency
Limit product features for ease of production
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