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Product Planning

Total questions: 11

Worksheet time: 6mins

Name
Class
Date
1.

Kraft Foods sells Cool Whip, Capri Sun, and Macaroni and Cheese, this is an example of...

a)

Retail Mix

b)

Product Mix

c)

Product Planning

d)

Retail Planning

2.

The words "Fruit Loops" , this is an example of...

a)

Trade Name

b)

Brand Mark

c)

Brand Name

d)

Trade Character

3.

Hershey's is an example of a ....

a)

Trade name

b)

Trade Character

c)

Trademark

4.

Providing Information, Ensuring Safe Use, Protecting the Product - these are examples

a)

SWOT Analysis Components

b)

Functions of Packaging

c)

Steps in New Product Development

5.

What is this image an example of as it relates to our Product Planning unit?

a)

A bar chart

b)

Product Sales Chart

c)

Product Life Cycle

d)

Product Profitability Cycle

6.

What is the 3rd step in "Steps in New Product Development"

a)

Screen Ideas

b)

Introduce the Product

c)

Generating Ideas

d)

Develop a Business Proposal

7.

Which of the following is NOT part of Product Planning?

a)

Deciding what Pricing Strategy to use

b)

Labeling, branding

c)

Adding/deleting products

d)

Packaging decisions – format, size, recyclable?

8.

The stages of a product life cycle are

a)

Introduction, selling a lot, maturation, and decline

b)

Information, selling, maturation, failing

c)

Getting known, growth, maturation, and failing

d)

Introduction, growth, maturity, and decline

9.

Which Function of Packaging focuses on making a product stand out, design of the package, and and making a package visually appealing?

a)

Promoting/Sell the Product

b)

Meeting Customer Needs

c)

Ensuring Safe Use

d)

Providing Information

10.

Which of the following is NOT a Product Mix Strategy?

a)

Developing a New Product

b)

Deleting a Product or Product Line

c)

Developing Existing Products

d)

Conducting Marketing Research

11.

Mark ALL of the following that would be reasons to delete a product from a company's product mix.

a)

Product has lost its appeal to customers

b)

There is a new competitor on the market for a similar product

c)

Lack of profit when selling this product

d)

Product is obsolete/out of date