Question

Match the following product types to the appropriate product development description. A. Entail unusually large uncertainties about the technology or market. The development process takes steps to address those uncertainties. B. A firm with a new proprietary technology seeks out a market where that technology can be applied. C. Uses a repeated prototyping cycle. Results from one cycle are used to modify priorities in the ensuing cycle. D. The production process has an impact on the product properties. Therefore, product design and process design cannot be separated. E. Products are designed and built around a pre-existing technological subsystem.

Answer 1

1. High-risk products.

2. Technology-push products.

3. Quick-build products.

4. Process-intensive products.

5. Platform products.

Step-by-step explanation:

A. High-risk product: Entail unusually large uncertainties about the technology or market. The development process takes steps to address those uncertainties.

B. Technology-push product: A firm with a new proprietary technology seeks out a market where that technology can be applied.

C. Quick-build products: Uses a repeated prototyping cycle. Results from one cycle are used to modify priorities in the ensuing cycle.

D. Process-intensive product: The production process has an impact on the product properties. Therefore, product design and process design cannot be separated.

E. Platform products: Products are designed and built around a pre-existing technological subsystem.