Exam 9: Developing New Products and Services

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OUT! International's Hey! There's A Monster In My Room spray with a bubble-gum fragrance was designed to rid scary creatures from a kid's bedroom.Although a clever idea,it failed because it

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"Groupthink" occurs in a meeting when

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Among business products,support products that include tools and office equipment are referred to as

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Which type of consumer product is purchased relatively infrequently and takes some time to make the purchase decision because the consumer needs time to compare offerings during the shopping experience?

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Services can be classified according to whether they are __________,they are for-profit or nonprofit organizations,or they are government agencies.

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Unsought products are

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A person can establish expectations for a service he or she has not yet experienced through word-of-mouth communications,personal needs,past experiences,and promotional activities.However,the actual experience(s)are determined by

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Services are

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The type of business products known as support products includes installations,industrial services,accessory equipment,and __________.

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A 3M researcher worked with university students to develop the Post-it Flag Highlighter.His team evaluated the technical feasibility of the proposed design and determined whether the idea met the firm's new-product objectives.At which stage of the new-product process was this product?

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A good,service,or idea consisting of a bundle of tangible and intangible attributes that satisfies consumers' needs and is received in exchange for money or something else of value is referred to as __________.

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If a new grocery product does not achieve a predetermined sales target,some retailers require a penalty payment by the manufacturer to compensate them for sales that its valuable shelf space was unable to generate.What is this type of payment called?

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Among business products,supplies usually consist of

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Speed or __________ is often vital in introducing a new product.

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Which of the following is considered a service?

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Which of the following types of test marketing techniques was primarily used in market research for General Mills Warm Delights?

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A good has tangible attributes that a consumer's __________ can perceive.

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The demand for a business product that results from the demand for a consumer product is referred to as

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Because services tend to be a(n)__________ rather than an object,they are much more difficult for consumers to evaluate.

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Industrial products are also referred to as __________ products.

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