Factors Influencing New Product Design Quiz

Factors Influencing New Product Design Quiz

University

12 Qs

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Factors Influencing New Product Design Quiz

Factors Influencing New Product Design Quiz

Assessment

Quiz

Design

University

Easy

Created by

Sai Krishna Bodakunta

Used 1+ times

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12 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is market demand and how does it influence the design of a new product?

Market demand is the total quantity of a product or service that consumers are willing to purchase at a given price. It influences the design of a new product by only considering the needs and preferences of the target market, without tailoring the product to meet those demands.

Market demand is the total quantity of a product or service that consumers are willing to purchase at a given price. It influences the design of a new product by helping to identify the needs and preferences of the target market, allowing the product to be tailored to meet those demands.

Market demand is the total quantity of a product or service that consumers are not willing to purchase at a given price. It influences the design of a new product by ignoring the needs and preferences of the target market.

Market demand is the total quantity of a product or service that consumers are willing to purchase at a given price. It influences the design of a new product by focusing on the needs and preferences of the target market, but not tailoring the product to meet those demands.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Explain the concept of market research and its role in understanding market demand for a new product.

Market research is only useful for existing products, not new ones

Market research helps in understanding customer needs and preferences, as well as identifying market trends and competition, which are essential for assessing the demand for a new product.

Market research is only about analyzing past sales data, not future demand

Market research is not necessary, as the product will create its own demand

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the availability of advanced technology impact the design of a new product?

It makes the product design more complicated and less efficient

It has no impact on the design of the product

It enables the incorporation of innovative features, improved performance, and enhanced functionality.

It leads to a decrease in the quality of the product

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Discuss the importance of staying updated with the latest technological advancements when designing a new product.

Staying updated with technological advancements is a waste of time

New technology always leads to more problems and complications

It allows for the integration of new features, improved efficiency, and staying competitive in the market.

It has no impact on the product design process

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Explain the significance of conducting surveys and focus groups to understand consumer preferences for a new product.

To gather direct feedback from consumers and understand their preferences for the new product.

To ignore consumer feedback and preferences

To waste time and resources on unnecessary data collection

To rely solely on personal assumptions and opinions

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What are the regulatory requirements that need to be considered when designing a new product?

Safety standards, environmental regulations, industry-specific guidelines

Marketing strategies, production costs, employee benefits

Customer preferences, advertising regulations, packaging design

Tax laws, import/export restrictions, employee training

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Discuss the role of government regulations in ensuring the safety and quality of a new product.

Setting standards, conducting inspections, and enforcing compliance

Allowing manufacturers to set their own safety standards

Relying on consumer feedback only

Leaving the market unregulated

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