Reference no: EM132229914
1. Which of these is NOT an advantage of new product or service development?
A) New products or services can be developed sequentially.
B) New products or services can help a company exploit existing capabilities.
C) New products or services can give firms a competitive advantage in the market.
D) New products or services can block out competitors.
2. In most firms, the group that addresses the questions of who buys the company's product and what they are likely to pay is
A) accounting/finance.
B) consumers.
C) marketing.
D) scientists and engineers.
3. Resource leveling uses a trial-and-error method to test delaying
only non-critical activities with positive slack
all activities with a positive slack
all non-critical activities
all critical activities
4. In most firms, the group that addresses the questions of who buys the company's product and what they are likely to pay is
A. marketing.
B. consumers.
C. scientists and engineers.
D. accounting/finance.
5. The DMADV process for improving product and service designs comes to us from what methodology?
A. Lean
B. Six Sigma
C. Optimization
D. Project management