Chapter 5 And 5s

24 August 2022
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question
Which of the following is a characteristic of the maturity phase of the product life cycle?
answer
Competitors are well established
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Which of the following is NOT true regarding decision trees?
answer
Decision trees should only be used for new product decisions when no uncertainty is present
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A house of quality would depict the strength of the relationship between which of the following items?
answer
The customer's desire for a durable wallet and the company's choice of material for the wallet
question
Operation of a hair salon is an example of:
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delayed customization
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Which of the following is not true regarding joint ventures?
answer
Joint ventures are more likely to work when the risks are unknown
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What is analysis that focuses on the ways in which processes can be designed to optimize interaction between firms and customers?
answer
process-chain-network analysis
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Defining a product means:
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to define the new good's or service's function
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Which of the following is NOT true?
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Economic change brings increasing levels of affluence in the short run but economic cycles and price changes in the long run
question
When ordering a new zagflatz, customers must choose the style of major components, all of which have about ten variations. This is:
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modular design
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Which of the following statements is not true?
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The term "products" refers to tangible goods only
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A route sheet
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lists the operations necessary to produce the component
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Which of the following is an external product development strategy?
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joint ventures
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Which of the following phases of the product life cycle has negative cash flow and increased spending on development and production?
answer
introductory phase
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What is a design that can be produced to requirements even with unfavorable conditions in the production process?
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robust design
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Which of the following technologies is particularly useful for prototype development and small lot production?
answer
3-D printing
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Self checkout at a grocery store is an example of:
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customer participation in service delivery
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Moving a product from development to production is referred to as:
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transition to production
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Which of the following statements is NOT true regarding sustainability?
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Sustainability focuses only on environmental resources
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What are the three P's in the triple bottom line?
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People, planet, profit
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How companies remain in business is referred to as:
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economic sustainability
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The three R's for sustainability are:
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reduce, reuse, recycle
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What is the most critical phase of the product life cycle assessment?
answer
product design
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Which of the following considers forward and reverse product flows over the entire life cycle?
answer
reverse logistics
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Which of the following is NOT one of the advantages of ISO 14000?
answer
positive public image and increased exposure to liability
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What is the key tool for reducing greenhouse gas emissions in the European Union?
answer
EUETS
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Which of the following is NOT true regarding CSR?
answer
CSR only requires firms to focus on environmentally friendly product disposal