In the context of customer validation and design, which of the following is NOT asked by the new product checklist?
A. Will I be the first in the marketplace with this product?
B. Do customers have to change their behavior to adopt this product?
C. Can it be cheaply manufactured?
D. Are there ways to enhance the product over time?
E. Should I design a prototype of the product?
Answer: C
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Which of the following statements is true regarding a direct fixed cost?
A) The corporate jet expenditure is an example of a direct fixed cost. B) These costs are not associated with individual products. C) These costs do not vary with sales volume. D) These costs are spread out over many years and sometimes different products.
As per the text, all of the following can be categorized as key features of CRM technology when applied to the prospecting, EXCEPT:
A. Data Integration and Learning B. Product training and testing C. Contact Management D. Lead Generation and Tracking via Marketing Automation E. Pipeline Management
According to the Path-Goal-Theory of leadership the style of leadership that seeks and encourages input and involvement of staff in decision making and other work related issues is known as ________ style?
a. Achievement oriented b. Directive c. Participative d. Supportive
Answer the following statement(s) true (T) or false (F)
1. Cognitive ability tests can be used even when such testing has disparate impact, as long as the test has business necessity and is job related. 2. Simulations are valuable in cases where a real event could be dangerous. 3. At the interview stage, it is not possible to assess culture fit; therefore, it is never ranked as an important criterion. 4. The probing question in an interview requires the job candidate to answer yes or no to a question. 5. “Why do you want to work here?” is an open-ended type of interview question.