New Product Development MCQs

Welcome to our comprehensive collection of Multiple Choice Questions (MCQs) on New Product Development, a fundamental topic in the field of Marketing and Marketing Management. Whether you're preparing for competitive exams, honing your problem-solving skills, or simply looking to enhance your abilities in this field, our New Product Development MCQs are designed to help you grasp the core concepts and excel in solving problems.

In this section, you'll find a wide range of New Product Development mcq questions that explore various aspects of New Product Development problems. Each MCQ is crafted to challenge your understanding of New Product Development principles, enabling you to refine your problem-solving techniques. Whether you're a student aiming to ace Marketing and Marketing Management tests, a job seeker preparing for interviews, or someone simply interested in sharpening their skills, our New Product Development MCQs are your pathway to success in mastering this essential Marketing and Marketing Management topic.

Note: Each of the following question comes with multiple answer choices. Select the most appropriate option and test your understanding of New Product Development. You can click on an option to test your knowledge before viewing the solution for a MCQ. Happy learning!

So, are you ready to put your New Product Development knowledge to the test? Let's get started with our carefully curated MCQs!

New Product Development MCQs | Page 8 of 10

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Q71.
The clothing lines distribution as casual clothes and formal clothes is a classic example of
Discuss
Answer: (a).styles
Q72.
The sales of market offering in growth stage of product life cycle are recorded as
Discuss
Answer: (b).rapidly rising sales
Discuss
Answer: (d).Both a and b
Q74.
The 'marketing strategy statement' third part consists of
Discuss
Answer: (c).sales, profit goals, market share
Q75.
The new brands a company develops with its own resources and R&D efforts are called
Discuss
Answer: (a).new products
Q76.
The widely accepted and currently popular style in specific or given field of art is called
Discuss
Answer: (a).fashion
Q77.
In PLC stages, the phase in which products profits decline and product has been defended from competition is called
Discuss
Answer: (a).maturity stage
Q78.
The promotion strategy in which the producers promotes goods to final customers by using sales force is classified as
Discuss
Answer: (b).push strategy
Discuss
Answer: (d).Both a and c
Discuss
Answer: (a).pull and push strategy