PRODUCT DEVELOPMENT EXAM

Which of the following is not an important attribute of a good entrepreneur?

• Career-oriented

• Committed

• Creative

• Has the initiative

This is a strategic thinking and setting of goals to achieve objectives by carefully maximizing all the available resources

Which of the following is the last step in concept development?

• Identify customers needs

• Plan the remaining development project

• Select a product concept

• Generate product concept

Is the introduction of something new in your product or service?

Which of the following should not be done to discover your unique selling proposition?

• Use sympathy

• Identify what motivates your customers

• Discover the actual reason why customer buy your product instead of a competitor

• None of the above

Give one feature of a good product brand?

This is the value that you incorporate to your product?

This requires careful analysis of businesses' ads and marketing services?

This gives you a major edge in increasingly competitive markets?

Habitually working diligently for a long period of time?

• Hardworking

• Disciplined

• Committed

• Has the initiative