Product and Service Innovation Quiz

Product and Service Innovation Quiz

University

10 Qs

quiz-placeholder

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Product and Service Innovation Quiz

Product and Service Innovation Quiz

Assessment

Quiz

Business

University

Hard

Created by

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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