week 3

Question 1

What is the primary use of an Ideation Workshop?

Answer 1

Serve as a platform for identifying problems and developing creative

Question 2

In a smart wearable which of the following is likely to be a fundamental, first step, prototype?

Answer 2

Circuit engineering prototype

Question 3

Patent granted for an article of manufacture is called a:

Answer 3

Product patent

Question 4

What is the definition of value proposition for a customer?

Answer 4

A set of gains and benefits from the product for the customer

Question 5

Validation accomplishes the following with respect to a product or service:

Answer 5

1. Establishes the basic product premise at the hands of users
2. Establishes the level of customer fulfillment
3. Provides guidance on the nexus between the product and the business
   (Ans: All of the above)

Question 6

An integrated model of prototype development requires:

Answer 6

Concurrent design and manufacture

Question 7

Having a well-structured Minimum Viable Product strategy is a characteristic of:

Answer 7

A lean start-up

Question 8

One of the components of an ideation workshop is:

Answer 8

Clustering of ideas based on common threads

Question 9

Testing accomplishes the following with respect to a product or service:

Answer 9

1. Determines the performance against specifications
2. Provides a quantitative set of results
3. Provides guidance on the likely performance in actual usage conditions
   (Ans: all of the above)

Question 10

For an ideation workshop to be effective, the following is not advised as a requirement:

Answer 10

A pre-decided problem definition and problem solution.

Question 11

Which of the following is not an essential requirement for prototyping of a product?

Answer 11

Computer coding.

Question 12

What is a holistic value proposition by a start-up?

Answer 12

The set of gains and benefits from the product for the customer, both in the short-term and long-term

Question 13

For the performance testing of a prototype to happen, which of the following is not required as much as the others?

Answer 13

External look and feel of the product.

Question 14

Field testing of a product should be based on:

Answer 14

Simulated operating conditions

Question 15

For a post-testing validation exercise, which is a techno-marketing exercise, it is useful to have an evaluator panel that has:

Answer 15

A mix of internal and external experts