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www.nolanpecho.blogspot.com TOP 10 Learning Questions for Chapter 20: Introducing New Market Offerings Nolan E. Pecho, MD June 1, 2010
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V49 nolan pecho top 10 learning questions for chapter 20 introducing new market offerings

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Page 1: V49 nolan pecho top 10 learning questions for chapter 20 introducing new market offerings

www.nolanpecho.blogspot.com

TOP 10 Learning Questions for

Chapter 20: Introducing New Market Offerings

Nolan E. Pecho, MDJune 1, 2010

Page 2: V49 nolan pecho top 10 learning questions for chapter 20 introducing new market offerings

www.nolanpecho.blogspot.com

1. The product category which produce product for an entirely new market is _____

A. New to the world productB. New product lineC. Addition to existing product linesD. RepositioningE. Improvement and revision of existing

products

2

Page 3: V49 nolan pecho top 10 learning questions for chapter 20 introducing new market offerings

www.nolanpecho.blogspot.com

2. The process by which customers learn a new product, try, and adopt or reject it is known as _______

A. customer awareness processB. customer adoption processC. customer evaluation processD. customer trial processE. customer interest process

3

Page 4: V49 nolan pecho top 10 learning questions for chapter 20 introducing new market offerings

www.nolanpecho.blogspot.com

3. Offering new products through acquisition would entail any of the following,

EXCEPT:A. Buying a companyB. Secure a franchise from another

companyC. Produce product from own research

and development unitD. Buy a license from another companyE. Acquire patent from other company

4

Page 5: V49 nolan pecho top 10 learning questions for chapter 20 introducing new market offerings

www.nolanpecho.blogspot.com

4. Information needed by a product developers before developing a new product, except:

A. customers wants and needsB. desired market positionC. target market D. product price and promotion detailsE. customers expectations

5

Page 6: V49 nolan pecho top 10 learning questions for chapter 20 introducing new market offerings

www.nolanpecho.blogspot.com

5. Which of the following is not a stage in product development

A. Idea generationB. Concept development an testing C. Innovation D. Market testingE. Commercialization

6

Page 7: V49 nolan pecho top 10 learning questions for chapter 20 introducing new market offerings

www.nolanpecho.blogspot.com

6. Which is not a good quality of a potential new product;

A. Has superior value B. UniqueC. Beneficial to customersD. Complicated to use E. socially acceptable

7

Page 8: V49 nolan pecho top 10 learning questions for chapter 20 introducing new market offerings

www.nolanpecho.blogspot.com

7. Drugs marketed for its side effect is an example of what product category

A. RepositioningB. Improvement and revision of existing

productC. Addition to new product linesD. New product lineE. New to the world product

8

Page 9: V49 nolan pecho top 10 learning questions for chapter 20 introducing new market offerings

www.nolanpecho.blogspot.com

8. A patients preference to seek consult at one hospital only is an example of:

A. customer awareness processB. customer interest processC. customer evaluation processD. customer trial processE. customer adoption process

9

Page 10: V49 nolan pecho top 10 learning questions for chapter 20 introducing new market offerings

www.nolanpecho.blogspot.com

9. Creation of an in-hospital dialysis unit within a nephrological center is an example of

A. Repositioning B. Improvement and revision of an

existing product lineC. Addition of existing product line D. New product lineE. New to the world product

10

Page 11: V49 nolan pecho top 10 learning questions for chapter 20 introducing new market offerings

www.nolanpecho.blogspot.com

10. Creation of a hospital that caters to patients with congenital defects only is an example of

A. Repositioning B. Improvement and revision of existing

product lineC. Addition to existing product lineD. New product lineE. New to the world product

11

Page 12: V49 nolan pecho top 10 learning questions for chapter 20 introducing new market offerings

www.nolanpecho.blogspot.com

TOP 10 Learning Answers for

Chapter 20: Introducing New Market Offerings

Nolan E. Pecho, MDJune 1, 2010

Page 13: V49 nolan pecho top 10 learning questions for chapter 20 introducing new market offerings

www.nolanpecho.blogspot.com

1. The product category which produce product for an entirely new market is

A. New to the world productB. New product lineC. Addition to existing product linesD. RepositioningE. Improvement and revision of existing

products

13

Page 14: V49 nolan pecho top 10 learning questions for chapter 20 introducing new market offerings

www.nolanpecho.blogspot.com

2. The process by which customers learn a new product, try, and adopt or reject it is known as __

A. customer awareness processB. customer adoption processC. customer evaluation processD. customer trial processE. customer interest process

14

Page 15: V49 nolan pecho top 10 learning questions for chapter 20 introducing new market offerings

www.nolanpecho.blogspot.com

3. Offering new products through acquisition would entail any of the following, EXCEPT:

A. Buying a companyB. Secure a franchise from another

companyC. Produce product from own research

and development unitD. Buy a license from another companyE. Acquire patent from other company

15

Page 16: V49 nolan pecho top 10 learning questions for chapter 20 introducing new market offerings

www.nolanpecho.blogspot.com

4. Information needed by a product developers before developing a new product, except:

A. customers wants and needsB. desired market positionC. target market D. product price and promotion detailsE. market segmentation

16

Page 17: V49 nolan pecho top 10 learning questions for chapter 20 introducing new market offerings

www.nolanpecho.blogspot.com

5. Which of the following is not a stage in product development

A. Idea generationB. Concept development an testing C. Innovation D. Market testingE. Commercialization

17

Page 18: V49 nolan pecho top 10 learning questions for chapter 20 introducing new market offerings

www.nolanpecho.blogspot.com

6. Which is not a good quality of a potential new product;

A. Has superior value B. UniqueC. Beneficial to customersD. Complicated to use E. socially acceptable

18

Page 19: V49 nolan pecho top 10 learning questions for chapter 20 introducing new market offerings

www.nolanpecho.blogspot.com

7. Drugs marketed for its side effect is an example of what product category

A. RepositioningB. Improvement and revision of existing

productC. Addition to new product linesD. New product lineE. New to the world product

19

Page 20: V49 nolan pecho top 10 learning questions for chapter 20 introducing new market offerings

www.nolanpecho.blogspot.com

8. A patients preference to seek consult at one hospital only is an example of:

A. customer awareness processB. customer interest processC. customer evaluation processD. customer trial processE. customer adoption process

20

Page 21: V49 nolan pecho top 10 learning questions for chapter 20 introducing new market offerings

www.nolanpecho.blogspot.com

9. Creation of an in-hospital dialysis unit within a nephrological center is an example of

A. Repositioning B. Improvement and revision of an

existing product lineC. Addition of existing product line D. New product lineE. New to the world product

21

Page 22: V49 nolan pecho top 10 learning questions for chapter 20 introducing new market offerings

www.nolanpecho.blogspot.com

10. Creation of a hospital that caters to patients with congenital defects only is an example of

A. Repositioning B. Improvement and revision of existing

product lineC. Addition to existing product lineD. New product lineE. New to the world product

22

Page 23: V49 nolan pecho top 10 learning questions for chapter 20 introducing new market offerings

www.nolanpecho.blogspot.com

TOP 10 Learning Questions for

Chapter 20: Introducing New Market Offerings

Nolan E. Pecho, MDJune 1, 2010