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Self Quiz
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1
Technology is involved in every aspect of an organization.
A)True
B)False
2
In the maturity stage of the product life cycle, consumer demand is largely replacement demand.
A)True
B)False
3
Product development time ends with the test marketing of the product.
A)True
B)False
4
One of the common mistakes of organizations is to try to fund too many new products at the same time so that many of them do not have the resources that they need in order to be successful.
A)True
B)False
5
Frustrated intrapreneurs have successfully started many businesses.
A)True
B)False
6
The Internet represents what type of technological change?
A)Quantum
B)Gradual
C)Maturity
D)Incremental
7
PDAs are in which stage of their product life cycle?
A)Growth
B)Decline
C)Maturity
D)Embryonic
8
The processes and procedures used to bring new products to the marketplace is called:
A)product development.
B)process development.
C)product life cycle.
D)concurrent engineering.
9
The plan that spells out all of the information needed to decide whether or not to proceed with a new product development is called a(n) ________ plan.
A)maturity
B)product development
C)PLC
D)decline
10
Managers who take responsibility within their own company for developing new products are called:
A)entrepreneurs.
B)incremental change agents.
C)intrapreneurs.
D)quantum change agents.





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