ENTREP 2nd Quarter
Quiz by Elyza Louise Palo
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- Q1
It refers to the stage of the product life cycle wherein the sales growth is slowing or has even stopped.
Growth
Maturity
Introduction
Development
30s - Q2
A stage in the life cycle of any product or services when you are spending heavily on marketing.
Maturity
Growth
Development
Introduction
30s - Q3
This refers to the product life cycle wherein your product or service is establishing itself.
Development
Decline
Growth
Introduction
30s - Q4
60% of the residents in Barangay Matayog are children. But Rico, one of the residents in the said barangay noticed that most of the children are malnourished so what he did was he asked some of the parents what could be the type of food for their children to eat with nutrients. What is the stage of product life cycle is Rico in?
Decline
Development
Maturity
Introduction
30s - Q5
Based on the situation given in the previous question, which of the following is the best situation if it is already in the ideation process of design thinking?
Rico and his (3) three friends suggested their product concepts to solve the problem.
Rico and his friends made a decision to come up with a candy with malunggay extract, so they made the candy and wrapped it.
Rico interviewed the parents in his community on what problems they are facing with their children.
Since Rico had made the candy, they decided to conduct a free taste if the children’s preference had been met.
30s - Q6
A step in design thinking process that combines and analyze the research to draw insights from the data.
Ideate
Define
Prototype
Empathize
30s - Q7
It refers to the tangible good or intangible service offered by the business to the target consumers.
Marketing Mix
Product
Place
Price
30s - Q8
It influences the buying decision of the consumers.
Branding
Brand name
Logo
Brand
30s - Q9
It refers to the name, design, color, symbol, quality, features, or a combination of these elements that make the product separate and distinct from similar products of the competitors.
Branding
Brand name
Logo
Brand
30s - Q10
It refers to the process putting the product in a package or container.
Placing
Pricing
People
Packaging
30s - Q11
A criteria for choosing a brand name in which it has a pleasant meaning.
None of these
Word Association
Distinctive
Legal requirements
30s - Q12
Which of the following is not advisable to consider in choosing a brand name?
It should be long.
It should be distinctive.
It should comply legal requirements.
It should have a pleasant meaning.
30s - Q13
Which of the following refers to the human workforce involved in the manufacture of products?
Materials
Manpower
Method
Machine
30s - Q14
The 4M’s of production are as follows except ________ .
Manpower
Method
Machine
Management
30s - Q15
The “Oven The Box” bake cakes and pastries, and sugar is one of the must have in their grocery list. What does sugar represents in their production of goods?
Machinery
Decoration
Raw Material
Finished Product
30s