5 Questions
What can hinder successful product development?
Lack of empathy for typical customers
What can be a major barrier to new product adoption?
Complexity
What is a new way of developing products?
Open innovation and crowdsourcing
What can cause missed opportunities for new product development?
Targeting errors
What should top management encourage for product development strategies?
Adventurous and newer strategies
Study Notes
- Groupthink limits creativity and originality in idea generation.
- Targeting errors can cause missed opportunities for new product development.
- Poor customer knowledge despite lavish market research spending.
- Complexity can be a major barrier to new product adoption.
- Lack of empathy for typical customers can hinder successful product development.
- Large product development teams can lead to internal competition for power and influence.
- Cross-functional diversity can lead to difficulties in problem solving and information overload.
- Social cohesion among team members can lead to less innovative ideas.
- Top management should encourage adventurous and newer product development strategies.
- Open innovation and crowdsourcing are new ways of developing products.
This quiz explores the various challenges and opportunities encountered during the product development process. From groupthink and targeting errors to customer knowledge and team dynamics, we'll cover a range of topics essential to successful product development. Test your knowledge and learn how to overcome these obstacles to create innovative and successful products. Whether you're a newcomer or a seasoned pro, this quiz is perfect for anyone looking to improve their product development skills.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free
