Product Development and Management
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Questions and Answers

Who can assist you with computer drawing and rendering tools if you are not skilled?

  • Professional graphic designers or prototype designers (correct)
  • Manufacturer representatives
  • Online tutorials or YouTube videos
  • Family members or friends

    • What is the purpose of building a physical prototype?

  • To apply for a patent
  • To start selling the product
  • To test the profitability of the product
  • To correct flaws and refine the design (correct)

    • What is critical for entrepreneurs to validate before launching a product or service?

  • Market acceptability (correct)
  • Manufacturing costs
  • Competition analysis
  • Marketing strategy

    • What is one way to validate product acceptability according to Kular (2018)?

    <p>Sales</p> Signup and view all the answers

    What is the result of validating market acceptability?

    <p>Confirmation of the entrepreneur's perception of the target market</p> Signup and view all the answers

    What is the purpose of research in the ideation stage?

    <p>To gather information and insights</p> Signup and view all the answers

    What is the primary objective of product/service development?

    <p>To solve the problem of the primary target market</p> Signup and view all the answers

    What is product development?

    <p>The entire product's journey from identifying market needs to iteration</p> Signup and view all the answers

    What is the purpose of refining a product/service before its introduction in the market?

    <p>To validate market acceptability</p> Signup and view all the answers

    What is a product/service description?

    <p>A description of how a product/service works and its benefits</p> Signup and view all the answers

    Why is a clear product/service description important?

    <p>It serves as a blueprint for all business operations</p> Signup and view all the answers

    What is the ultimate goal of a product/service description in an online shop?

    <p>To convince customers to click the 'Add to Cart' button</p> Signup and view all the answers

    What is a characteristic of an employee suitable for a startup business?

    <p>Takes initiative to make things happen</p> Signup and view all the answers

    What is one of the expected outcomes of going through the activity sheet?

    <p>Create a product description</p> Signup and view all the answers

    What is the purpose of Activity 1?

    <p>To identify product features or benefits</p> Signup and view all the answers

    What is an example of a product feature?

    <p>Comes with complete instructions</p> Signup and view all the answers

    What is the purpose of validating the service description with potential suppliers?

    <p>To ensure the availability of raw materials</p> Signup and view all the answers

    What is an example of a product benefit?

    <p>Will be sure to tingle your taste buds</p> Signup and view all the answers

    What is the capacity of the VEGER/VP2016 model?

    <p>20000mAh</p> Signup and view all the answers

    How many sachets of Skinny Coffee are in each box?

    <p>5</p> Signup and view all the answers

    What is the ideal time to take Skinny Coffee?

    <p>15-30 minutes before breakfast</p> Signup and view all the answers

    What is the operating temperature of the VEGER/VP2016?

    <p>-10 to + 55Deg.C</p> Signup and view all the answers

    What is unique about the crop top in the described outfit?

    <p>It has a unique one-shoulder design</p> Signup and view all the answers

    What is the feature of the Globe At Home Prepaid WiFi?

    <p>Improved WiFi connection and wide internet coverage</p> Signup and view all the answers

    What is the primary material used for the face shield of the personal protective bucket hat?

    <p>PVC plastic</p> Signup and view all the answers

    What is the purpose of the adjustable strap in the personal protective bucket hat?

    <p>To keep the hat in place</p> Signup and view all the answers

    What is the recommended approach to submitting the concept sketch or prototype drawing?

    <p>One output per group is submitted</p> Signup and view all the answers

    What is the primary criterion for evaluating the prototype drawings?

    <p>Appropriate medium in prototype drawings</p> Signup and view all the answers

    What is the characteristic of students who did some planning ahead of time to develop their ideas?

    <p>They did some planning ahead of time to develop ideas</p> Signup and view all the answers

    What is the characteristic of evidence of thorough work appropriate to the time allotted?

    <p>Drawings or prototypes were complete with attention to detail</p> Signup and view all the answers

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