This is something that is being made and with a purpose to be sold to customers?

This product classification are those created for the use of other business such us Hollow Blocks, Electrical Tape, Cement and the like.

This product classification are those created for individual and household use.

Which of the following product is an example of convenience product?

Which of the following product is an example of Shopping product?

Which of the following product is an example of Unsought product?

This type of industrial products are mostly sold to other industrial users which includes raw materials , component and etc.

This type of industrial products are used in operations and production.

This type of industrial products are operating supplies like energy and business services such as security and maintenance are examples of these industrial products.

Which of the following is an example of supplies and services as part of industrial product.

These are consumer products and services with brand identification and

unique characteristics for which certain consumers are willing to make a special efforts in purchasing

These are consumers products which a consumer either

doesn’t know about or know already but does not have any

consideration of buying them under normal conditions.

Normally, consumers do not think of buying them unless need arises

The consumer products which costumers usually compare on the

price, quality and style in the process of their selection and purchase

of goods and services.

This is a process of imagining and creating a thing or object

which is meant for mass production.

The 3rd Step in Generating New Product is ______________?

The Last step in Generating New Product is ______________?

This refer to listing of customer needs and the identification of existing

weaknesses in one’s products, gaps in your product range

and product areas.

This refer to the list of potential new product ideas, ideas to

pursue and which to be discarded should be decided.

Competition, company’s existing products , needs of the

market and their shortcomings should be considered by

the business.

This refer to as the process of Identifying the strengths, weaknesses, opportunities and threats of business ideas.

This refer to as new product goals will be realized through innovative

approach and steps to foster innovation in a team

Which of the following is not included in the process of idea generation?

This term refers to the business internal environment which discuss the competitive advantage of the business.

This term refers to the business internal environment which discuss the areas for improvement of the business

This term refers to the business external environment which are compose of events or trends that can create positive impact on the business.

This term refers to the business external environment which are compose of events or trends that can create negative impact on the business.

This term refer to the product volume which is not either earning or losing in terms of product sales.