Product-Service Instructional Area Flashcards

1
Q

During the growth stage of a product’s life cycle, marketing g efforts usually involve advertising…

A

That customers are satisfied with the product (NOT the discounts being offered. That’s decline stage). Remember that introduction and growth are different phases.

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2
Q

Which of the following is an idea-generation technique that uses programmed thinking.

A

Attribute listing.

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3
Q

Why are many businesses looking for ways to reuse products by turning them into new products?

A

To solve the ethical problem of planned obsolescence. By reusing products they are preserving natural resources. Planned obsolescence is become common because of tech advancements.

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4
Q

After success with burgers and fries, Dana adds milkshakes to the Menü. This is an example of…

A

Complementary goods.

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5
Q

Jessica’s hobby is making jewelry. There is potential to sell them. This is an example of identifying a product opportunity by considering…

A

Personal experiences.

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6
Q

What must be followed Wien using a relay brainstorming creative-thinking method.

A

You cannot help your teammatesz

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7
Q

Brainstorming Relay

A

Involves dividing the the team and having them brainstorm ideas in a relay race format.

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