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AIPMM Tests Exam|116 Questions with complete Answers

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AIPMM Tests Exam|116 Questions with complete Answers

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  • October 24, 2023
  • 13
  • 2023/2024
  • Exam (elaborations)
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AIPMM Tests Exam|116 Questions with
complete Answers
Go To Market is a major decision point in the phase/gate model - -True

-The PEST Analysis includes political, economic, social, and technological
factors - -True

-A sign, symbol, design or combination of these is known as a ____.

A. Company Identifier
B. Brand
C. Marquee
D. Trademark - -Brand

-Product Management is the process of all of the following except:

A. Conceiving
B. Delivering
C. Servicing
D. Planning - -Servicing

-Which one of these is NOT a type of product launch?

A. Soft
B. Full-Scale
C. Minimal
D. Web 2.0 - -Web 2.0

-Printed information that appears on or with the package is____.

A. Creative Labeling
B. Competitive
C. None of the options are correct
D. Innovative labeling - -None of the options are correct

-Define Variability - -Quality of services depends on who provides them
along with when, where, and how they are provided

-Define Inseparability - -Services cannot be separated from their providers

-Conducting research is a guide to action based on reality - -True

, -What are the trait(s) of a convenience product - -Purchased frequently and
immediately, low priced

-The order of the product lifecycle is conceive, develop, plan, qualify,
deliver, launch, and retire - -False

-What is the order of the product lifecycle? - -Conceive, Plan, Develop,
Qualify, Launch, Maximize, Retire

-What type of qualitative research answers the question "how is the product
used?" - -Observation

-All of the following are characteristics of a specialty product except...

A. High price
B. Special purchase efforts
C. All of the options are characteristics of a specialty product
D. Few purchase locations
E. Brand identification - -All of the options are characteristics of a specialty
product

-When developing a roadmap a good question to ask is "what level of detail
is needed?" - -True

-Pick which product mix decision answers this question:

What is the number of products offered in each product line?

A.Length
B.Depth
C.Consistency
D.Width/Breadth - -Length

-What are the five primary activities in Porter's Value Chain Model?

A. Outbound Logistics
B. Service
C. Market Research
D. Inbound Logistics
E. Operations
F. Marketing and Sales - -Outbound Logistics
Inbound Logistics
Operations
Marketing and Sales
Service

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