PDD MCQ's Merged
PDD MCQ's Merged
3- Product cost can be reduced by considering the following aspect(s) at the design stage
(A) Minimum number of operations
(B) Unnecessary tight tolerance should not be provided
(C) Design should consist of standard parts
(D) All of the above
(Ans: D)
6- The following aspect of product is concerned with the ease and efficiency of the product
performance
(A) Functional aspect
(B) Operational aspect
(C) Durability aspect
(D) Aesthetic aspect
(Ans: A)
7- _____ is the development of original products, product improvements,
product modifications, and new brands through the firm’s own R&D efforts.
(A) Idea generation
(B) Concept testing
(C) Test marketing
(D) New product development
(Ans: D)
8- The “simplicity to operate and easy to understand” of product is concerned with its
following aspect
(A) Functional aspect
(B) Operational aspect
(C) Durability aspect
(D) Aesthetic aspect
(Ans: A)
(A) Standardization
(B) Simplification
(C) Diversification
(D) All of the above
(Ans: C)
14- Why does software engineering design shares many design principles?
(A) Common design goal of creating high quality design
(B) For expansion of product lifetime
(C) All of the mentioned
(D) None of the mentioned
(Ans: C)
17- A detailed version of a new idea stated in meaningful customer terms is called a
________.
(A)Product image
(B)Product idea
(C)Product movement
(D)Product concept
(Ans: D)
18- A manufacturer with a product in the decline stage of the product life cycle might
decide to ________ if it has reason to hope that competitors will leave the industry.
(A)Search for replacements
(B)Drop the product
(C)Harvest the product
(D)Maintain the product without change
(Ans: D)
19- After concept testing, a firm would engage in which stage in developing and marketing
a new product?
(A)Business analysis
(B)Marketing strategy development
(C)Idea screening
(D)Product development
(Ans: B)
21- During which stage of new-product development is management most likely to estimate
minimum and maximum sales to assess the range of risk in launching a new product?
(A)Business analysis
(B)Concept testing
(C)Test marketing
(D)Product development
(Ans: A)
22- Executives, manufacturing employees, and salespeople are all examples of ________.
(A)New-product committee members
(B)Internal sources for new-product ideas
(C)Research and development team members
(D)External sources for new-product ideas
(Ans: B)
23- Gray Berry Gifts has just brainstormed a large number of ideas for adding new
products and services after visiting several buying fairs. The owners will begin the first
idea-reducing stage, called ________ , to arrive at a realistic number to adopt.
(A)Idea screening
(B)Concept development
(C)Product concept
(D)Idea dissemination
(Ans: A)
24- In the ________ stage of new-product development, products often undergo rigorous
tests to make sure that they perform safely and effectively or that consumers will find value
in them.
(A)Concept development and testing
(B)Business analysis
(C)Marketing mix
(D)Product development
(Ans: D)
25- In the ________ stage, the firm faces a trade-off between high market share and high
current profit.
(A)Introduction
(B)Maturity
(C)Decline
(D)Growth
(Ans: D)
27- In which stage of the PLC will promotional expenditures be high in an attempt to react
to increasing competition?
(A)Introduction
(B)Decline
(C)Product development
(D)Growth
(Ans: D)
28- Increasing profits will most likely occur at which stage of the PLC?
(A)Product development
(B)Decline
(C)Introduction
(D)Growth
(Ans: D)
29- Most products in the marketplace are in the ________ stage of the product life cycle.
(A)Introduction
(B)Maturity ANS
(C)Development
(D)Decline
(Ans: B)
30- Sales decline in the decline stage of the PLC because of technological advances,
increased competition, and ________.
(A)Shifts in the economy
(B)New market pioneers
(C)Shifts in consumer tastes and preferences
(D)Marketing mix modifications
(Ans: C)
31- Schmidt Steel Corporation lacks the confidence, capital, and capacity to launch its new
steel product into full national or international distribution. Even though test market
results look promising, what will be management's next step?
(A)Secure a loan to provide confidence, capital, and capacity
(B)Seek the help of a nationally known consultant
(C)Develop a planned market rollout over time
(D)Retest the product in additional markets
(Ans: C)
32- The advantages of standardizing an international product include all of the following
except ________.
(A)Lower product design costs
(B)The adaptation of products to different markets
(C)The development of a consistent image
(D)Decreased manufacturing costs
(E)Lower marketing costs
(Ans: B)
33- The creation of a successful new product depends on a company's understanding of its
________ and its ability to deliver ________ to customers.
(A)Product life cycle, legal responsibilities, and social responsibilities; innovations
(B)Competitors, distributors, and employees; new styles
(C)Customers, brands, products; product images
(D)Customers, competitors, and markets; superior value
(Ans: D)
34- The major purpose of test marketing is to provide management with the information
needed to make a final decision about ________
(A)Whether to launch the new product
(B)How long to compete in the market
(C)How to develop a market strategy
(D)How to compete in the market
(Ans: A)
35- The PLC concept can be applied by marketers as a useful framework for describing
how ________.
(A)To develop marketing strategies
(B)Product ideas are developed
(C)Products and markets work
(D)To forecast product performance
(Ans: C)
36- The search for new-product ideas should be ________ rather than haphazard.
(A)Strategically planned
(B)Systematic
(C)Seldom
(D)Segmented
(Ans: B)
37- The second part of the marketing strategy statement outlines the product's planned
price, distribution, and ________ for the first year.
(A)Positioning
(B)Advertising
(C)Marketing budget
(D)Promotion
(Ans: C)
40- What are the two ways that a company can obtain new products?
(A)Market mix modification and research and development
(B)Internal development and merger
(C)Line extension and brand management
(D)New-product development and acquisition
(Ans: D)
42- Which of the following costs is most likely associated with the commercialization stage
of new-product development?
(A)Identifying target markets
(B)Building or renting a manufacturing facility
(C)Developing a prototype of the product
(D)Paying groups of target consumers for product feedback
(Ans: B)
43- Which of the following is not a potential cause of the failure of a new product?
(A)Higher than anticipated costs of product development
(B)Ineffective advertising
(C)A poorly designed product
(D)An underestimated market size
(Ans: D)
46- Which of the following is perhaps the most important external source of new-product
ideas?
(A)Competitors
(B)Customers
(C)Engineers
(D)Trade magazines, shows, and seminars
(Ans: B)
47- Which stage in the PLC normally lasts longer and poses strong challenges to the
marketing managers?
(A)Growth
(B)Introduction
(C)Decline
(D)Maturity
(Ans: D)
48- Our firm wants to use external sources for new product ideas. After consulting with a
friend you learn that all of the following are common external sources except ________.
(A)Customers
(B)Competitors
(C)The firm's executives
(D)Trade shows and magazines
(Ans: C)
51- By installing _____________________________ the search for new product ideas will be
always systematic rather than haphazard.
(A)Idea generation
(B)Idea management system
(C)Idea screening
(D)Innovating ideas
(Ans: B)
54- All of the following are major internal sources of new-product ideas, except which one?
(A)Picking the brains of company executives, scientists, engineers and salespeople is a good way
to generate ideas.
(B)Entrepreneurial programs that encourage employees to think and develop new-product ideas
is a good way to generate ideas.
(C)Some companies employ creative approaches, including both "method and madness" in
helping them to generate new product ideas.
(D)Good ideas come from watching and listening to customers.
(Ans: D)
56- All of the following are major external sources of new-product ideas, except which one?
(A)Companies can conduct surveys or focus groups to learn about consumer needs and wants.
(B)Competitors are a good source of new-product ideas.
(C)Some companies employ creative approaches, including both "method and madness" in
helping them to generate new product ideas.
(D)Good ideas come from watching and listening to customers
(Ans: D)
57-All of the following are accurate descriptions of new product ideas, except which one?
(A)New product development starts with idea generation.
(B)Some companies use brainstorming exercises that expand people's minds and generate new
ideas around the client's problem.
(C)At the beginning of the process, carefully scrutinize each idea and throw far-fetched and
impractical ones out the window.
(D)Customers must be careful not to rely too heavily on customer input when developing new
products.
(Ans: C)
58-All of the following statements accurately reflect the requisites of new-product success,
except which one?
(A) Thinking of a few good ideas, turning them into products, and finding customers for them.
(B) A systematic approach for finding new ways to create value for target consumers, from
generating and screening new-product ideas to creating and rolling out want-satisfying products
to customers.
(C)New-product success requires a total-company commitment.
(D)At firms known for their new-product success, their culture does not encourage, support, and
reward innovation.
(Ans: D)
67-____ is the process of reducing the number of products within a defined range.
(A)Simplification
(B)Specialization
(C)Standardization
(D)Satisfaction
(Ans: A)
(A)Simplification
(B)Specialization
(C)Standardization
(D)Satisfaction
(Ans: B)
(A)Product testing
(B)Product desgn
(C)Product validation
(D)Product development
(Ans: A)
(A) Reality
(B) Product
(C) Production.
(D) None of the above.
(Ans: A)
(A) Production.
(B) variety in production.
(C) Quality of product.
(D) Tolerances in product.
(Ans: B)
A) Quantity of production.
B) No. of machines used.
C) Tool design and production engineering
C) All the above.
(Ans: C)
(A) Standardization.
(B) Simplification.
(C) Diversification.
(D) Specialization.
(Ans: A)
85- Product_____ is the ultimate objective of variety reduction.
(A) Simplification.
(B) Standardization.
(C) Specialization.
(D) All of the above.
(Ans: C)
(A) Standardization.
(B) Simplification.
(C) Both ‘A’ and ‘B’.
(D) None of the above.
(Ans: C)
A) Customers.
B) Competitors.
C) Suppliers.
D) all of the above.
(Ans: D)
A) Technical
B) Production
C) Material selection.
D) All the above.
(Ans: D)
89- What are the roles of the product development team member.
A) Administrator, manager.
B) Visionary, diplomat.
C) Innovator, specialist.
D) All the above.
(Ans: D)
(A) Feasibility Study → Preliminary Design → Detailed Design → Planning for production
process → Planning for Distribution → Planning for consumption → Planning for retirement
(B) Feasibility Study → Preliminary Design → Detailed Design→ Planning for Distribution →
Planning for consumption →Planning for production process → Planning for retirement.
(Ans: A)
5. Price competition starts to occur in which phase of the product life cycle?
(A) Introduction
(B) Growth
(C) Maturity
(D) Saturation
(Ans:D )
8. Question mark products in the Boston Consulting Group matrix are usually in which
stage of their product life cycle?
(A) Introduction
(B) Growth
(C) Maturity
(D) Saturation
(E) Decline
(Ans:A )
9. In the Boston Consulting Group matrix, unsuccessful products move around the matrix
in which order?
(A) Question mark to dog
(B) Question mark to cash cow
(C) Cash cow to dog
(D) Question mark to star
(Ans: A)
10. In the Boston Consulting Group matrix, stars do which of the following?
(A) Achieve high market growth in the future but currently have low market share
(B) Hold a sizeable portion of a small, but growing market
(C) Hold high market share in a mature market
(D) Hold a low market share in a mature market
(Ans:B )
12. Which of the following is/are product life cycle extension strategies?
(A) Market development
(B) Product development
(C) Unrelated diversification
(D) Market development and product development
(Ans:D )
13. Extension of the product life cycle should be considered before the end of which stage?
(A) Introduction
(B) Growth
(C) Maturity
(D) Saturation
(Ans:D )
14. In which of the following stages of the product life cycle do profits peak?
(A) Introduction
(B) Growth
(C) Maturity
(D) Saturation
(Ans:C )
15. In which of the following stages of the product life cycle do sales peak?
(A) Introduction
(B) Growth
(C) Maturity
(D) Saturation
(Ans:D )
17. All of the following are major internal sources of new-product ideas, except which one?
(A) Picking the brains of company executives, scientists, engineers and salespeople is a good
way to generate ideas.
(B) Entrepreneurial programs that encourage employees to think and develop new-product ideas
are a good way to generate ideas.
(C) Some companies employ creative approaches, including both "method and madness" in
helping them to generate new product ideas.
(D) Good ideas come from watching and listening to customers.
(Ans:D )
18. All of the following are major external sources of new-product ideas, except which one?
(A) Companies can conduct surveys or focus groups to learn about consumer needs and wants.
(B) Competitors are a good source of new-product ideas.
(C) Some companies employ creative approaches, including both "method and madness" in
helping them to generate new product ideas.
(D) Good ideas come from watching and listening to customers.
(Ans:D )
19. A _____ is a detailed version of the idea stated in meaningful consumer terms.
(A) Product idea
(B) Product concept
(C) Product image
(D) Test market
(Ans:B )
24. How does a marketer study customers and products for generation of ideas?
(A) Surveys
(B) Focus Groups
(C) Interviews
(D) All of the mentioned
(Ans: D)
25. Which of these does not account for Passive channels for opportunity funnels?
(A) Suggestion Lines
(B) Bug-report Web pages
(C) Monitoring trends
(D) Awards for outstanding product ideas
(Ans: C)
28. What among these takes project mission statement as its input?
(A) Generic Software Product Design
(B) Generic Software Engineering Design
(C) Generic Software Product & Engineering Design
(D) None of the mentioned
(Ans: A)
29. The design process where project mission statement is the input what will be its output?
(A) Final design document
(B) SRS
(C) Product plan
(D) Design document
(Ans: B)
39. In which of the following forecasting technique, data obtained from past experience is
analyzed?
(A) Judgmental forecast
(B) Time series forecast
(C) Associative model
(D) All of the above
(Ans: B)
41. Short term regular variations related to the calendar or time of day is known as
(A) Trend
(B) Seasonality
(C) Cycles
(D) Random variations
(Ans: B)
42. The forecasting time horizon that would typically be easiest to predict for would be the
(A) medium-range.
(B) Short-range.
(C) Intermediate range.
(D) Long-range.
(Ans: B)
46. Decomposing a time series refers to breaking down past data into the components of
(A) Long-term, short-term, and medium-term variations.
(B) Strategy, tactical, and operational variations.
(C) Constants and variations.
(D) Trends, cycles, seasonal and random variations.
(Ans: D)
47. With regard to a regression-based forecast, the standard error of the estimate gives a
measure of
(A) The time required to derive the forecast equation.
(B) The maximum error of the forecast.
(C) The variability around the regression line.
(D) The time period for which the forecast is valid.
(Ans: C)
48. A forecasting technique consistently produces a negative tracking signal. This means
that
(A) The forecasting technique consistently under predicts.
(B) The MSE will also consistently be negative.
(C) The MAPE will also consistently be negative.
(D) The forecast technique consistently over predicts.
(Ans: A)
50. Time series patterns that repeat themselves after a period of days or weeks are called
(A) Seasonality.
(B) Trend.
(C) Random variation.
(D) Cycles.
(Ans: A)
56. Segmentation is based on age, sex, education, occupation, annual income status of a
family.
(A) Geographic
(B) Demographic
(C) Behavioral
(D) Psychographic
(Ans: B)
57. Segmentation is based on parameters like price, sensitivity, usage rate, brand, loyalty.
(A) Geographic
(B) Demographic
(C) Behavioral
(D) Psychographic
(Ans: C)
60. Customers have no specific desire in mind when they visit the store.
(A) Wandering
(B) Loyal
(C) Internal
(D) Discount
(Ans: A)
61. Customers are not having any specific intention to buy a product as per their need but
they purchase as per what appears good at the same time.
(A) Discount
(B) Loyal
(C) Impulse
(D) Need based
(Ans: C)
72. The first idea reducing stage is___, which helps spot good ideas and drop poor ones as
soon as possible.
(A) Idea generation
(B) Idea screening
(C) Concept development and testing
(D) Marketing strategy development
(Ans: B)
73. A____ is a detailed version of the idea stated in meaningful consumer terms
(A) Product idea
(B) Product concept
(C) Product image
(D) Test market
(Ans: B)
77. ____ calls for testing new-product concepts with groups of target consumers.
(A) Concept development
(B) Concept testing
(C) Idea generation
(D) Idea screening
(Ans: B)
78. _______ entails testing new-product concepts with a target group of consumers to find
out if the concepts have strong consumer appeal.
(A) Concept development
(B) Concept testing
(C) Idea generation
(D) Idea screening
(Ans: B)
79. Product concepts are presented to consumers during concept testing in any of the
following ways, except which one?
(A) A word or picture description is presented to consumers.
(B) A concrete and physical presentation of the concept will increase the reliability of the
concept test.
(C) Some companies are using virtual reality to test product concepts.
(D) Companies are reluctant to use the Web to test product concepts.
(Ans: D)
80. Designing an initial marketing strategy for a new product based on the_____is called
marketing strategy development.
(A) New product idea
(B) Product concept
(C) Test market results
(D) Product prototype
(Ans: B)
81. The marketing strategy statement in new product development consists of three parts:
_____,_____, and____.
(A) Idea generation; idea screening; concept development
(B) Idea generation; concept development; concept testing
(C) Idea generation; idea screening; idea management
(D) Target market description; planned product positioning; sales, market share, and profit goals
for the first few years.
(Ans: D)
82. _____involves a review of the sales, costs, and profit projections for a new product to
find out whether they satisfy the company's objectives.
(A) Idea generation
(B) Idea screening
(C) Business analysis
(D) Concept development and testing
(Ans: C)
84. Once management has decided on a product concept and marketing strategy, it can
next evaluate the_____ of the proposal.
(A) Product idea portion
(B) Product development part
(C) Business attractiveness
(D) Commercial viability
(Ans: C)
85. All of the following statements are accurate descriptions of the simultaneous product
development approach to new product development, except which one?
(A) The simultaneous product development approach is also known as collaborative product
development.
(B) Company departments work closely together through cross-functional teams.
(C) Companies assemble a team of people from various departments that stay with the new
product from start to finish.
(D) Companies often pass the new product from department to department in each stage of the
process.
(Ans: D)
86. All of the following are accurate descriptions of new-product development approaches
used by companies in the commercialization phase of the process, except which one
(A) New-product development teams in the simultaneous approach tend to stay with the new
product from start to finish.
(B) In the simultaneous approach, top management gives the product development team general
strategic direction but no clear-cut product idea or work plan.
(C) In order to get their new products to market more quickly, many companies are adopting a
faster approach called sequential product development.
(D) The simultaneous team-based approach can be riskier and more costly than the slower, more
orderly sequential approach.
(Ans: C)
6. Idea generation' stage in new product development process does not include
(A) Internal idea sources
(B) External idea sources
(C) Crowdsourcing
(D) on-boarding
(Ans: D)
13. New product development stage in which concept is tested whether idea has strong
appeal is called
(A) Concept development
(B) Concept testing
(C) Material testing
(D) Market screening
(Ans: B)
14. Pugh matrix is used for
(A) Identify most feasible product
(B) Identify customer voice
(C) Compare conceptual scoring of concepts
(D) All of the above
(Ans: D)
16. Testing of new product concepts in group of targeted segment of market is called
(A) Concept development
(B) Concept testing
(C) Material testing
(D) Market screening
(Ans: B)
27. The aim of the engineering design process is to support the designerby providing a
_________
(A) Framework
(B) Methodology
(C) Either
(D) None
(Ans: C)
29. The factor which doesn’t determine the quality of the product is:
(A) Consistency of components of products
(B) Products should meet the requirements
(C) All components should be new and free from defects
(D) Weight of product should be less
(Ans: D)
30. Colour shape form and texture come under, which criteria?
(A) Acceptance standards
(B) Operational requirements
(C) Performance requirements
(D) Manufacture requirements
(Ans: C)
34. The opportunity for making changes or suggesting improvements to the concepts is
________ before detail design
(A) Low
(B) High
(C) Medium
(D) Average
(Ans: B)
35. Which of the following does not apply to the datum method?
(A) + or – assigned relative to first datum.
(B) Criteria are taken on the vertical axis.
(C) Concepts are taken on the horizontal axis.
(D) + or – assigned relative to each other
(Ans: D)
35. During criteria ranking and weighing procedure which of the following doesn’t
happen.
(A) Criteria are reordered according to descending order of weight.
(B) Criteria are reordered according to ascending order of weight.
(C) Criteria re reordered in no particular order.
(D) Total number of 1s is 0.5(n^2-n)
(Ans: B)
40. The input to embodiment is the conceptual design sketches developed earlier and
__________
(A) PDS
(B) Form design
(C) Scheme drawings
(D) None of the above
(Ans: A)
41. When attention is attracted by any visual feature such that all other feature tends to
lose significance. This effect is called _________
(A) Brightness ratio
(B) Acuity
(C) Figure on ground
(D) Illumination
(Ans: C)
42. Confident recognition of visual statement is important in which of the following
design activity.
(A) Ergonomics
(B) Simulation
(C) Aesthetics
(D) Optimization
(Ans: C)
44. __________ is concerned with ways of designing machines, operations and work
environments:-
(A) Aesthetics
(B) Ergonomics
(C) Scaling
(D) None of the above
(Ans: B)
46. The _________ is the bridge between the conceptual stage of the design and detail
design
(A) Concept selection
(B) Embodiment
(C) Modeling
(D) None
(Ans: B)
47. The ____________ is biased towards ensuring useful products satisfy and appeal to
their users
(A) Engineer design
(B) Industrial design
(C) Ergonomic
(D) Aesthetic
(Ans: B)
51. The products offered by several brands similar to each other with same functionally
and attributes
(A) Parity products
(B) Desirable products
(C) Salutary products
(D) Deficient products
(Ans: A)
52. Which of the following are benefits of brainstorming when compared to nominal
group technique?
(A) Brainstorming is more fun
(B) Brainstorming can create a positive organizational climate
(C) Brainstorming can encourage talented and highly skilled employees to remain in an
organization
(D) All of the above
(Ans: D)
56. Breaking down a problem into its constituent parts during team discussion is which
of the following steps in the Standard Agenda?
(A) Criteria development
(B) Identification of the problem
(C) Analyzing the problem
(D) Evaluating problem solutions.
(Ans: C)
59. Groupthink is
(A) A process where group members gather to decide issues
(B) A process of group members stressing disagreement and skepticism
(C) A process of group members stressing cohesiveness and agreement instead of skepticism
and optimum decision making
(D) A process of breaking rigid thinking by placing a problem in a different frame of
reference.
(Ans: C)
60. What have become de rigueur for computer-based products and systems of every
type?
(A) GUIs
(B) Candidate keys
(C) Object model
(D) All of the mentioned
(Ans: A)
63. ______ is the reason for failure in “New Product Development Strategy”
(A) Poor product design
(B) Incorrect positioning
(C) Price too high
(D) Market size overestimated
(E) All of the above
(Ans: E)
65. The following is the source(s) for developing new or improved product
(A) Research and Development department of the enterprise
(B) Consumer suggestions and Complaints
(C) Other competitive products in the market
(D) All of the above
(Ans: D)
66. Product cost can be reduced by considering the following aspect(s) at the design stage
(A) Minimum number of operations
(B) Unnecessary tight tolerance should not be provided
(C) Design should consist of standard parts
(D) All of the above
(Ans: D)
69. The following aspect of product is concerned with the ease and efficiency of the product
performance
(A) Functional aspect
(B) Operational aspect
(C) Durability aspect
(D) Aesthetic aspect
(Ans: A)
70. The “simplicity to operate and easy to understand” of product is concerned with its
following aspect
(A) Functional aspect
(B) Operational aspect
(C) Durability aspect
(D) Aesthetic aspect
(Ans: A)
77. Which of the following question is asked throughout the lifecycle of the design process?
(A) What features the product should not have?
(B) What parameters of the design task can be identified?
(C) What attributes or features the product should have?
(D) All the above.
(Ans: D)