Fundamentals of Product Management Quiz
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Questions and Answers

Which of the following best defines a product in the context of manufacturing?

  • The formal definition of the project deliverables that make up or contribute to delivering the objectives of the project
  • Anything that is purchased as raw materials and sold as finished goods (correct)
  • Anything that is produced as a result of generation, growth, labor, or thought
  • Anything that can be offered to a market that might satisfy a want or a need

What is the process of designing, building, operating, and maintaining a good or service called?

  • Product Marketing
  • Product Strategy
  • Product Development (correct)
  • Product Management

What does product development add to technology to create a complete product?

  • Sales, advertising, and promotion
  • Pricing, marketing, and customer support (correct)
  • Design, manufacturing, and distribution
  • Research, development, and testing

In project management, what does the term 'product' refer to?

<p>The formal definition of the project deliverables that make up or contribute to delivering the objectives of the project (B)</p> Signup and view all the answers

In marketing, what is considered a product?

<p>Anything that can be offered to a market that might satisfy a want or a need (D)</p> Signup and view all the answers

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