The measurement of probability will not fail to perform the promised features of product is classified as __________?

Related Mcqs:

1. The total features of the product functions, looks and features is classified as ___________?

   A. differential returns
   B. uncontrollable returns
   C. controllable returns
   D. design

2. According to product hierarchy, the group of products that perform similar functions including the recognized product class is classified as __________?

   A. product line
   B. product class
   C. need family
   D. product family

3. A. width of product mix B. length of product mix C. depth of product mix D. consistency of product mix __________?

   A. guarantees
   B. warranties
   C. labeling
   D. packaging

4. The product mix pricing technique through which companies develop product lines for pricing instead of single product is classified as __________?

   A. by-product pricing
   B. optional-feature pricing
   C. product line pricing
   D. Two-part pricing

5. The fear that product will not perform up to the expectations is classified as_________?

   A. physical risk
   B. functional risk
   C. financial risk
   D. social risk

6. The optional-feature pricing, captive-product pricing, product-bundling pricing and by-product pricing are considered as the techniques of __________?

   A. product mix pricing
   B. line stretching pricing
   C. line filling pricing
   D. line deepening pricing

7. If the company carries 6 product lines and total length of each product line is 24 then the average length of product line will be __________?

   A. 4
   B. 6
   C. 24
   D. 30

8. The concept of product mix which refers to wide range of product lines carried by the company is classified as __________?

   A. width of product mix
   B. length of product mix
   C. depth of product mix
   D. consistency of product mix

9. In the product hierarchy, the product variant or item is classified as __________?

   A. class and line type
   B. need family type
   C. stock type
   D. stock keeping unit

10. The group of products includes the recognized product family in the product hierarchy is classified as __________?

    A. product line
    B. product class
    C. need family
    D. product family