Exam 7: Analytical Attribute Approaches: Trade-Off Analysis and Qualitative Techniques

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Path quality analysis is used to estimate the relative preferences of all possible products using only a small subset of "attribute / level" cards.

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Determinant attributes should be identified prior to conducting a conjoint analysis.

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Morphological matrix is the simplest format for studying relationships.

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Relationships analysis involves:

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Checklists typically consist of ____.

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The displacement template,presented by Goldenberg and Mazursky,involves removing one of the components of the product and replacing it with one from another environment.

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Information acceleration:

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Which of the following techniques is used to estimate the relative preferences of all possible products using only a small subset of "attribute / level" cards?

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Conjoint analysis is least likely to be useful for ____.

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Conjoint analysis:

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Trade-off analysis is the name of one of the most common analytical tools used for conjoint analysis;conjoint analysis is thus the broader term.

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With reference to relationships analysis,utility lever indicates at what point the product affects the customer.

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_____ analysis,developed by Sawtooth Software,shows only a few attributes at a time to the respondent and adapts to the respondent as the conjoint exercise goes on.

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A full-profile conjoint analysis is one for which we obtain information on all possible levels of all the product's attributes.

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Conjoint analysis is a technique that is more commonly used in opportunity identification.

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Analogy is used heavily as part of the problem-solving step in problem-based methods.

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Checklists are one of today's most widely used idea-generating techniques.

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Conjoint analysis uses monotone analysis of variance (MONANOVA)to identify the:

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After finding the determinant attributes (important attributes on which the available products differ),_____ analysis plots them on maps.

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Trade-off analysis is becoming increasingly valuable for industrial product innovation because:

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