Public relations is a set of tools to be used primarily during crises.
a. True
b. False
Cash cows are products with a dominant share of the market and good prospects for
growth.
a. True
b. False
Marcellis is a product manager for a major electronics company. His current project
deals with the development and introduction of a new smartphone. Since there are a
number of smartphones currently out on the market, Marcellis is concerned about
product failure. Currently, Marcellis and his team are in the screening phase of the new
product development process. Has his team already passed the phase which is best able
to measure the product failure concern?
a. Yes, the best phase is the idea generation phase.
b. Yes, the best phase is the concept testing phase.
c. No, the best phase is the concept testing phase.
d. Yes, the best phase is the test marketing phase.