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Product Design Principles Quiz

Created by

@ComfyRetinalite

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Questions and Answers

What is the key strategic activity in many firms?

Marketing

Supply chain management

Product design (correct)

Financial management

What is the objective of product design?

Create a good or service with excellent functional utility and sales appeal at an acceptable cost and within a reasonable time (correct)

Maximize profit margin

Maximize production efficiency

Minimize marketing expenses

What does product design describe the process of?

Analyzing financial statements

Developing marketing campaigns

Managing inventory and logistics

Imagining, creating, and iterating products that solve users' problems or address specific needs in a given market (correct)

Why is product design a critical factor in organizational success?

<p>It sets the characteristics, features, and performance of the service or good that consumer demand</p> Signup and view all the answers

What is the key to successful product design?

<p>Understanding the end user customer</p> Signup and view all the answers

Study Notes

Product Design

Key strategic activity in many firms

Objectives and Process

Objective of product design is to create a product that meets customer needs and expectations
Product design describes the process of creating and improving the design of a product or service

Importance of Product Design

Product design is a critical factor in organizational success

Key to Success

Key to successful product design is understanding customer needs and preferences

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Description

Test your knowledge of product design with this quiz. From its cross-functional nature to its strategic importance in firms, this quiz will challenge your understanding of the key concepts and principles in product design.