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ISOM 4210 Entrepreunurship Quiz on ISOM 4210 Mid term revision_ PART II , created by cheng chengcheng on 10/25/2016.

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cheng chengcheng
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ISOM 4210 Mid term revision_ PART II

Question 1 of 16

1

Fill the blank spaces to complete the text.

There are two types of product development basics: and .

Explanation

Question 2 of 16

1

Fill the blank spaces to complete the text.

Modularity is the degree to which a product can be built from smaller that can be created , but function together. Example of a modular product would be PC . Because it has components like , , memory and CPU.

Explanation

Question 3 of 16

1

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When should a company develop a modular product?

When the pace of the is high
When the components do not have to be
When have been established
When customer demand is

Explanation

Question 4 of 16

1

Pros of developing modular products:

Select one or more of the following:

  • can concentrate on what they are good at

  • economies of scale

  • different mix and match is important

Explanation

Question 5 of 16

1

Automobile platform is an example of product platforms. Product platforms are a common technological base to which different features are added to create a family of products.

Select one of the following:

  • True
  • False

Explanation

Question 6 of 16

1

Fill the blank spaces to complete the text.

pros and cons of using a product platform:
Companies use platforms to :
to customers without

 Reduce
Downsides of platforms:
 Reduces
 Increases demands for
 Leads to the products

Explanation

Question 7 of 16

1

Companies may decide to fulfill only some of the unfulfilled needs. The ones which are the most important or which affect buying

Select one of the following:

  • True
  • False

Explanation

Question 8 of 16

1

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同埋 係兩個 methods to decide what product features should be kept

Explanation

Question 9 of 16

1

Customers tend to think collectively, so if you ask customers directly, you can't get good answers

Select one of the following:

  • True
  • False

Explanation

Question 10 of 16

1

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Conjoint Analysis:
is performed to find out the
The regression weights provide a measure of the .

Explanation

Question 11 of 16

1

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Conjoint A statistical tool that allows assess: 相對重要性, 最好組合
The to customers of different product features (including price)
The to meet their needs, even when customers are not aware of the value they ascribe to those features

Explanation

Question 12 of 16

1

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Limitations of Conjoint analysis includes: (產品特色之間要獨立, 可能會變到好複雜, 可能客人唔清楚product category)
The attributes should be
Too many attributes and the conjoint analysis become too
Respondents should be with the product category
to include in the conjoint analysis study
Linear relationship between

Explanation

Question 13 of 16

1

Fill the blank spaces to complete the text.

Kano method: Rate on a scale of 1-5:
Have no impact on satisfaction or dissatisfaction =>
These attributes provide satisfaction when fulfilled, but Do Not cause dissatisfaction when not fulfilled =>
These attributes result in satisfaction when fulfilled, but cause dissatisfaction when not fulfilled =>
These attributes are taken for granted when fulfilled, but cause dissatisfaction when not fulfilled =>

Explanation

Question 14 of 16

1

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stage gate is a that in the of innovation process until they milestones have been met

Explanation

Question 15 of 16

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Stage 1: => stage 2: => stage 3 => => stage 4: = > stage 5: launch

Drag and drop to complete the text.

    scoping
    build business case
    development
    testing and validation

Explanation

Question 16 of 16

1

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For Criteria:
What the project is judged against in order to make the go/kill and prioritization decisions.

For output: Results of the gate review. Gates must have clearly articulated outputs including: a decision (go/kill//)

Explanation