Product Risk Assessment Questionnaire is designed to assess the risk involved in launching a particular product in the market. It is given to the company’s senior officials from various departments who answer different questions included in it. The questionnaire helps in knowing the official’s opinion about the market risk that the final product would be facing.
With the answers received by way of the product risk assessment questionnaire it is decided whether there is any requirement for making any kind of improvisations to lower the risk or is the end product satisfactory enough to be launched in the market.
Sample Product Risk Assessment Questionnaire
- Please specify your name: __________________________
- Kindly share your contact number
- Kindly share your email id here
- Which department do you belong to?
- What is your current designation?
- Are you satisfied with the final product that has been made ready to be launched in the market?
- If the answer to the above asked question is no then please mention as to what as per you are the shortcomings in the product?
- In your opinion, has it been a good idea to invest in this product or do you believe that launching this product in the market would involve a lot of risk?
- Have you evaluated the financial risk that the company may face after launching this product in the market?
- Is the company ready to bear the financial loss in case the product does not do well?
- Have you prepared any risk management strategies?
- Are you aware about similar products from other brands that have been in the market?
- How are the similar products from other brands performing in the market? (Please choose an appropriate answer from the below given options)
e) Some of them are doing well while others are incurring losses
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