Business School 101: New Product Development Process Quiz

Business School 101: New Product Development Process Quiz

Assessment

Interactive Video

Business

9th - 10th Grade

Hard

Created by

Jennifer Brown

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary goal of the New Product Development process?

To reduce production costs

To bring innovative products or services to market

To improve customer service

To increase employee satisfaction

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a source of ideas in the Idea Generation stage?

Employee performance reviews

Customer feedback

Supplier contracts

Financial reports

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main purpose of the Screening stage in the NPD process?

To evaluate and filter ideas

To conduct market research

To develop prototypes

To finalize the product design

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

During Concept Testing, what is primarily gathered from target consumers?

Sales data

Feedback and acceptance levels

Production costs

Marketing strategies

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is assessed during the Business Analysis stage?

Employee satisfaction

Potential profitability and feasibility

Supplier reliability

Product design

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which stage involves designing and prototyping the product?

Commercialization

Product Development

Screening

Idea Generation

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of Test Marketing?

To finalize the product design

To assess product performance in a limited area

To launch the product globally

To conduct financial analysis

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