Product Development
Quiz
•
Business
•
12th Grade
•
Practice Problem
•
Hard
Kimberly Besana
Used 55+ times
FREE Resource
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10 questions
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1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Which entrepreneurial mind conceptualizes and designs a product that consumers find some use for?
Technical mind
Creative mind
Business mind
None of these
2.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
In this entrepreneurial mind, entrepreneurs uses old knowledge for new applications in various fields of human endeavor.
Technical mind
Creative mind
Business mind
None of this
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Which entrepreneurial mind organizes sufficient forces and resources to develop, launch, and commercialize the new product in order to maximize its market value?
Technical mind
Creative mind
Business mind
None of these
4.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
In order to convert the product concept into a viable product, the _______________ must intervene to provide the quality and performance specifications through technology.
Technical mind
Creative mind
Business mind
None of these
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
In this part of the new improved product, the entrepreneurs consulted experts and read the literatures,
Establishment of Specifications for the Product
Preliminary Testing
Standardization of the Production Process
Product Launch and the Business Mind
6.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
This work process allowed the entrepreneurs to become more efficient in converting the production input into production output by designing a good transformation process.
Establishment of Specifications for the Product
Preliminary Testing
Standardization of the Production Process
Product Launch and the Business Mind
7.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
It also produces a product that creates emotional attachment and eventually becomes a significant personal expression of the consumer.
Technical mind
Creative mind
Business mind
Open mind
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