It’s hard to believe that we are already at COK #5. Great job making it this far. This last series finished up the mechanics of operating a company. There is a lot of moving parts to inventing, making and selling products. Only one more series of topics and your done. So, let’s see what you know.
Questions
1. Without a constant stream of new ideas, a company will:
A. Thrive and survive
B. Sell more new products
C. Slowly decay
D. Attract more customers
2. Which practice helps ensure that your innovation pipeline is full?
A. Yell and scream when things fail
B. Slash R&D when your product is done
C. Wait till you need to innovate
D. Have a patent process
3. What are the four main types of Intellectual Property?
A. Patents, Trademarks, Copyrights and Trade Secrets.
B. Patents, Copy Prevents, Trade Law and Trade Secrets
C. Patents, Trademarks, Service marks and Trade Secrets
D. Proof of Concepts, Trademarks, Copyrights and Trade Law
4. How long is a copyright valid for?
A. For all of time
B. 20 years after the authors death
C. 70 years after the authors death
D. Up until the author dies.
5. Which item is not part of a go to market strategy?
A. Collateral Plan
B. Detailed product design
C. Field and Support Training
D. Manufacturing Ramp Plan
6. What are the stages of a Product Life Cycle?
A. Introduction, Growth, Mature and Decline
B. Introduction, Trough, Growth and Mature
C. Brainstorm, Introduction, Mature and Decline
D. Brainstorm, Trough, Mature and Decline
7. What plays a vital role in a properly functioning operations group?
A. Intellectual Property
B. Press Plans
C. Processes
D. Trademarks
8. SPC stands for:
A. Special Process Control
B. Super Process Control
C. Spectacular People Contributing
D. Statistical Process Control
Answers
C
D
A
C
B
A
C
D
