Which of the following best describes the role of a product steward?

A) to protect employees and laborers from harm
B) to evaluate new product ideas against a set of general criteria
C) to develop a new product concept into a physical product
D) to protect consumers from harm and the company from liability
E) to decide whether to maintain, harvest, or drop the product in the decline stage of the PLC


D

Business

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When the band came out on stage and the lead singer shouted, "Hello, Dallas!" the crowd roared with applause. The crowd's response is an example of

A. decoding. B. medium selection. C. noise. D. feedback. E. encoding.

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Which of the following approaches to job design has roots in human-factors literature?

A. Perceptual-motor approach B. Mechanistic approach C. Scientific management approach D. Biological approach E. Motivational approach

Business

Geolocation marketing is the use of geographic data to drive messaging and other marketing decisions.

Answer the following statement true (T) or false (F)

Business

Alana, a product manager, thinks her company's InstaCup coffee maker is currently in the growth stage of the product life cycle. If so, the profits for the InstaCup coffee maker ___ and the number of competitors ____.

A. are negative; is growing B. have peaked; is growing C. are declining; is growing D. have peaked; is declining E. are declining; is declining

Business