Lesson 2.3.6
2.3.6 Product Development and Innovation Quiz: NCFE Business & Enterprise, Unit 2
20 questions · by Revision Ninja
In partnership with Revision Ninja
This free Product Development and Innovation quiz has 20 multiple choice questions for the NCFE Level 1/2 Technical Award in Business and Enterprise (NCFE Business & Enterprise), Unit 2: Marketing. It covers lesson 2.3.6, Product Development and Innovation, one of the ready-made revision sets written with Revision Ninja and organised by unit on Qwiz Rush.
Use it as a starter, a plenary or an end-of-unit check: host it live on the board and students join with a game code on their own devices — no student accounts and nothing to install — or set it for independent revision with Free Play, where each student works through the questions alone.
Every question runs on a 20-second countdown and the fastest correct answers score the most. All the questions and their choices are listed below so you can see what the quiz covers; the answers are revealed in the game. Want to change something? Make your own copy and edit it in your library.
All NCFE Business & Enterprise quizzes
The 20 questions
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A trainer brand adds a cushioning system no rival offers. Why does this unique selling point help the business?
- It gives buyers a reason to pick it over rivals
- It stops other firms from copying the design
- It lowers the cost of producing each pair
- It lets the business cut prices below rivals
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A snack manufacturer adds a range of soft drinks alongside its crisps. Why do businesses diversify like this?
- It cuts the price paid for raw materials
- It spreads risk if one product stops selling
- It reduces the stock the firm has to hold
- It builds loyalty among existing customers
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A firm launches an improved version of its best-selling product. How is this most likely to raise its sales revenue?
- It reduces the cost of making each unit sold
- It cuts the amount the firm spends on advertising
- It lets the firm cut prices and still cover costs
- It attracts customers who were buying elsewhere
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New legislation bans a chemical used in a firm's face cream. How is the business most likely to have to respond?
- Change the formula so it meets the new law
- Apply for a government grant to cover costs
- Patent the old formula to protect the recipe
- Cut the advertising budget to save on costs
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An inventor takes out a patent on a new bike lock. What does that patent actually do for the business?
- Stops rivals selling any kind of bike lock
- Registers the brand name and logo so rivals cannot copy them
- Stops rivals copying the invention for a set time
- Shows the lock has passed UK safety checks
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A small firm holds a patent on its water filter. Why is that patent treated as a valuable asset?
- It lasts as long as the business keeps trading
- It can be spent like cash in the firm's account
- It can be sold or licensed to rivals for a fee
- It cuts the cost of the materials used to make it
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Sales of a chocolate bar have been falling for two years. How could innovation extend the product's life?
- Launch a new flavour to win shoppers back
- Cut the advertising budget to protect margins
- Patent the wrapper design to block copying
- Sell off the last of the stock, then withdraw it
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A garden centre opens a café alongside its plant business. Which statement best describes the benefit of diversifying?
- Buying stock for both lines cuts the price paid
- A poor season for plants is offset by café sales
- Staff costs fall because fewer workers are needed
- It takes a bigger share of the plant market
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Which of these is the best example of innovation by a kitchen appliance manufacturer?
- Running a bigger advertising campaign for it
- Designing a kettle that boils on half the energy
- Copying a rival's kettle design and undercutting them on price
- Selling its existing kettle in more UK shops
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A phone maker stops updating its handsets while rivals keep improving theirs. What is the most likely result?
- Its market share grows as its costs are lower
- Its brand grows stronger among loyal buyers
- Rivals cut prices to match its older handsets
- Its customers move to the rivals' newer phones
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A drinks firm takes a recipe out of its test kitchen and gets it onto shop shelves. What is this called?
- Product development
- Market segmentation
- Invention
- Diversification
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Sales of a chocolate bar are falling. The firm launches it in two new flavours. What is this an example of?
- Segmenting the market by customer income
- Innovating to extend the product's life cycle
- Diversifying into an unrelated new market
- Patenting the recipe to stop rivals copying it
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Out of every £10 UK shoppers spend on trainers, £2 goes to one sports brand. What does that show?
- Its market growth rate for the year
- Its profit margin on the trainers sold
- Its sales revenue from the trainers sold
- Its market share of the trainers sold
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A supermarket sells own-brand cereal at 89p when similar branded boxes cost £2.50. Which competitive advantage is that?
- Place advantage, from branches in most UK towns
- Product advantage, from a recipe rivals cannot copy
- Price advantage, from better value for money
- Promotion advantage, from a better brand image
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In the marketing mix, what gives a business a 'place' advantage over its competitors?
- Its goods are seen as cooler and more desirable
- Customers can get hold of its goods more easily
- Its goods have features rivals cannot match
- Its goods offer better value for the money
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Which of these gives a firm a product advantage over its competitors?
- A bagless vacuum no rival model can copy
- The lowest price on the high street
- Free next-day delivery to any UK address
- A famous influencer promoting the brand
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A trainers firm signs a famous footballer to front its adverts. What edge is it trying to build?
- A lower cost per pair than its rivals
- A wider network of shops than its rivals
- A longer-lasting sole than its rivals
- A stronger brand image than its rivals
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The Virgin Group runs mobile networks, trains and space flights. Why does spreading across markets help it?
- It boosts its share of its main market
- A downturn in one market hurts it less
- It builds a stronger brand in each market
- It cuts costs through economies of scale
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From 2030 the UK will ban sales of new petrol and diesel cars. Why does that force carmakers to innovate?
- Drivers will pay a new tax on petrol and diesel
- Their current models will be illegal to sell
- The government will fund their research
- Electric cars are cheaper to manufacture
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A phone maker is granted a patent on its new folding hinge. What does that patent do for the firm?
- It protects the firm's brand name and logo
- It stops rivals copying the invention
- It gives the firm a tax break on research
- It proves the product meets safety laws
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