That is the existing product range. "product range" means pr

题目
判断题
That is the existing product range. "product range" means product portfolio.
A

B

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第1题:

27 The primary consideration of product management is to know the _____.

A. probability of product's performance with specified parameters

B ability the product has to perform. its intended function

C. ability of a product to be produced within existing parameters

D. functionality the product will provide over its useful life

E. All of the above


正确答案:D

第2题:

That is the existing product range. “product range” means product portfolion. ()

此题为判断题(对,错)。


参考答案:√

第3题:

The primary consideration of product management is to know the _____.

A . probability of product's performance with specified parameters

B . ability the product has to perform. its intended function

C . ability of a product to be produced within existing parameters

D . functionality the product will provide over its useful life

E . All of the above


正确答案:D

第4题:

Project Quality Management must address the management of the project and the ()of the project.While Project Quality Management applies to all projects, regardless of the nature of their product,product quality measures and techniques are specific to the particular type of product produced by the project.()A.performance B.process C.product D.object


正确答案:C

项目质量管理必需专注于对项目和项目产品的管理。当所有的项目在运用项目质量管理时,无论项目产品的本质如何,都要依据项目所产生产品的类型明确产品质量的度量和技术。

第5题:

Roy Crawford has argued for a reduction in both the product range and customer base to improve company

performance.

(b) Assess the operational advantages and disadvantages to Bonar Paint of choosing such a strategy.

(15 marks)


正确答案:
(b) Divestment of products or parts of the business is one of the most difficult strategic decisions. As apparent in Bonar Paint a
reduction in the products and customers served by the firm is likely to cause significant changes to the firm’s value chain and
system. Currently Bonar Paint supplies its customers, regardless of size, directly and this inevitably means that their
distribution costs are increased. The reduction in products and customers may allow a choice to be made about the costs of
supplying customers directly as against using distributors to handle the smaller customers.
In using the value chain one is looking to identify the significant cost activities and how those costs behave. Some costs may
be affected by the overall size of the firm e.g. advertising while others affected by the batch size being processed. The changeto fewer products will lead to a bigger batch size and a number of positive consequences for costs. The value chain’s major
benefit is in identifying and quantifying the links that exist between various activities within the firm and between the firm
and its customers and suppliers. In Bonar Paint’s case does a reduction in product range lead to less product failures and
consequent warranty claims? Does simplifying the product range lead to shorter lead times and better delivery time
performance for its customers? Above all, a good understanding of its value chain will let it know if it changes an activity what
are the consequences for other parts of the system.
In terms of reducing the product range, before such a decision is taken Bonar Paint must carry out a thorough analysis of the
pattern of customer demand for each paint type. In all probability it will find that 80% of its sales come from 20% of its
product range. Having given this qualification, reducing the product range can have a number of beneficial results on other
parts of the value chain. The immediate effect is likely to be that Bonar Paint produces fewer batches over a given time period
but produces them in larger quantities. This will bring cost savings but the impact on other parts of the value chain is equally
important. The beneficial effects are:
– With a smaller product range the control of raw materials and finished inventory will be simplified affecting inbound and
outbound logistics. This will improve the inventory turn and make for better product availability.
– With an improved inventory turn this will reduce the firm’s working capital needs and release significant amounts of
cash.
– A simpler operations process should facilitate staff savings and support more automation.
– Warranty claims and support costs could be reduced.
– Bonar Paint will be purchasing fewer raw materials but in greater volume and on a more regular basis. This will lead to
improved price and delivery terms from its suppliers.
– Bonar Paint can offer improved product reliability and better delivery to its customers and should improve its market
share.
In terms of operational disadvantages, these therefore are largely in terms of the impact on customer service levels seen in
terms of product range availability. Once again it is important to have accurate information on the sales and profitability of
each product so informed divestment decisions could be taken. Care must be taken to identify any paints, which though
ordered infrequently, and in small quantities are a pre-cursor for customers ordering other paints. Some important customers
may require that the full range of their paint needs are met in order to continue buying from Bonar Paint.
Reduction of the product range and customer base is an important strategic decision. Eliminating non-contributors or ‘dog’
products both in terms of paints and customers is a key part of managing the product portfolio. However, inertia both in terms
of products and customers is a real strategic weakness. In terms of the three tests of suitability, acceptability and feasibility
the analysis suggests that only acceptability is likely to be an issue. Tony Edmunds needs to be convinced that it is an
appropriate strategy to adopt. It is the lack of accurate sales analysis that lies at the heart of the problem and that is his areaof responsibility!

第6题:

109 The primary consideration of product management is to know the _____.

A. probability of product's performance with specified parameters

B. ability the product has to perform. its intended function

C. ability of a product to be produced within existing parameters

D. functionality the product will provide over its useful life

E. All of the above


正确答案:D

第7题:

The journal entry a company uses to record the estimated accrued product warranty liability is ( )

A. debit Product Warranty Expense; credit Product Warranty Payable

B. debit Product Warranty Payable; credit Cash

C. debit Product Warranty Expense; credit Cash

D. debit Product Warranty Payable; credit Product Warranty Expense


参考答案:A

第8题:

The Relaxacisor is mentioned as_______.

A. a product which was designed to produce electricity

B. a product whose distributor was involved in a legal case

C. a successful advertisement of a beauty product

D. an example of a quality beauty product


正确答案:B

第9题:

(ii) Explain how the existing product range and the actions per Note (3) would feature in Ansoff’s

product-market matrix. (7 marks)


正确答案:
(ii) Market Penetration
With regard to existing products it would appear that a strategy of market penetration is being followed, whereby attempts
are made to sell existing products into existing markets. This is a low risk strategy which is most unlikely to lead to high
rates of growth, reflected in the forecast increase of 2% per annum in the years ending 30 November 2008 and 2009.
Management seeks here to increase its market share with the current product range. In pursuing a penetration strategy
the management of Vision plc may to some extent be able to exploit opportunities including the following:
– Encouraging existing customers to buy more of their brand
– Encouraging customers who are buying a competitor’s brand to switch to their brand
– Encouraging non-users within the segment to buy their brand
‘Strengths’ within the current portfolio will need to be consolidated and any areas of weakness addressed with remedial
action.
Market Development
The purchase of the retail outlets will enable management to sell existing products via new channels of distribution. The
products of both the Astronomy and Outdoor Pursuits divisions could be sold via the retail outlets. Very often new
markets can be established in geographical terms. Management could, for example, look to promote the sale of
microscopes and associated equipment to overseas hospitals.
Product Development
The launch of the Birdcam-V is an example of a product development strategy whereby new products are targeted at
existing markets. Very often, existing products can be improved, or if an organisation possesses adequate resources,
completely new products can be developed to meet existing market needs. Some of the main risks here lie in the ‘time
to market’ and product development costs which frequently go well beyond initial estimates.
Diversification
The purchase of Racquets Ltd is an example of diversification on the part of Vision plc since the products and markets
of Racquets Ltd bear no relationship to the existing products and markets of the company. In this regard the
diversification is said to be unrelated.
The establishment of the Oceanic division could be regarded as a related diversification since existing technology will be
used to develop new products for new markets. The success of this strategy will very much depend on the strength of
the Vision brand.

第10题:

ClicktheExhibitbutton.GiventheJSPcode:1.<%2.pageContext.setAttribute("product"

ClicktheExhibitbutton.GiventheJSPcode:1.<%2.pageContext.setAttribute("product",3.newcom.example.Product("Pizza",0.99));4.%>5.<%--insertcodehere--%>Whichtwo,insertedatline5,outputthenameoftheproductintheresponse?()

A.<%=product.getName()%>

B.<jsp:useBeanid="product"class="com.example.Product"/><%=product.getName()%>

C.<jsp:useBeanid="com.example.Product"scope="page"><%=product.getName()%></jspuseBean>

D.<jsp:useBeanid="product"type="com.example.Product"scope="page"/><%=product.getName()%>


参考答案:B, D

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