5 Questions
Which of the following is NOT a goal of product life cycle management (PLM)?
Increasing prototyping costs
What does product life cycle management (PLM) integrate?
People, data, processes, and business systems
What are the conditions that change over time and must be managed in product life cycle management (PLM)?
Advertising and saturation
What is one of the benefits of product life cycle management (PLM)?
Reducing environmental impacts at end-of-life
To create successful new products, what must the company understand?
Customers, markets, and competitors
Test your knowledge of Product Life Cycle Management (PLM) with this quiz. Challenge yourself to understand the goals and strategies involved in managing a product throughout its life-cycle.
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