Product Development and Management

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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)?

Sales Signup and view all the answers

What is the result of validating market acceptability?

Confirmation of the entrepreneur's perception of the target market Signup and view all the answers

What is the purpose of research in the ideation stage?

To gather information and insights Signup and view all the answers

What is the primary objective of product/service development?

To solve the problem of the primary target market Signup and view all the answers

What is product development?

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

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

To validate market acceptability Signup and view all the answers

What is a product/service description?

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

Why is a clear product/service description important?

It serves as a blueprint for all business operations Signup and view all the answers

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

To convince customers to click the 'Add to Cart' button Signup and view all the answers

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

Takes initiative to make things happen Signup and view all the answers

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

Create a product description Signup and view all the answers

What is the purpose of Activity 1?

To identify product features or benefits Signup and view all the answers

What is an example of a product feature?

Comes with complete instructions Signup and view all the answers

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

To ensure the availability of raw materials Signup and view all the answers

What is an example of a product benefit?

Will be sure to tingle your taste buds Signup and view all the answers

What is the capacity of the VEGER/VP2016 model?

20000mAh Signup and view all the answers

How many sachets of Skinny Coffee are in each box?

5 Signup and view all the answers

What is the ideal time to take Skinny Coffee?

15-30 minutes before breakfast Signup and view all the answers

What is the operating temperature of the VEGER/VP2016?

-10 to + 55Deg.C Signup and view all the answers

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

It has a unique one-shoulder design Signup and view all the answers

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

Improved WiFi connection and wide internet coverage Signup and view all the answers

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

PVC plastic Signup and view all the answers

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

To keep the hat in place Signup and view all the answers

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

One output per group is submitted Signup and view all the answers

What is the primary criterion for evaluating the prototype drawings?

Appropriate medium in prototype drawings Signup and view all the answers

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

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

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

Drawings or prototypes were complete with attention to detail Signup and view all the answers