Podcast
Questions and Answers
Which of the following best defines a product in the context of manufacturing?
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?
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?
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?
In project management, what does the term 'product' refer to?
In marketing, what is considered a product?
In marketing, what is considered a product?