Periodical Examination (3rd Quarter)
Quiz by KENNETH DOCTOLERO
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- Q1
Which of the following best defines a trend?
A quick and short-lived behavior
A pattern or conceptualized idea with continuing influence
Driven by emotional need to purchase
A surge in popularity followed by disappearance
30s - Q2
How can fads be distinguished from trends?
Fads are driven by functional needs
Fads have a longer incubation period and life span
Trends have a narrow scope
Trends reflect deep-rooted human desires and needs
30s - Q3
Which of the following is an example of a trend?
A surge in popularity of a product followed by disappearance.
A haircut style introduced by a TV personality.
A brand of mobile phone that has been in the market for a long time.
A mobile phone model that loses popularity quickly
30s - Q4
What is the characteristic of a fad?
It fades in popularity quickly.
It encompasses several brands and products.
It has a long incubation period and life span.
It is driven by functional needs.
30s - Q5
What is the scope of a fad?
Deep-rooted human desires and needs
Limited appeal and narrow scope
Driven by emotional need to purchase
Continuing influence for a longer period
30s - Q6
Which of the following is an example of a fad?
A haircut style that remains popular over time
A surge in popularity of a product followed by disappearance.
A mobile phone model that has a continuing influence
A brand of mobile phones that has been in the market for a long time
30s - Q7
What drives a trend?
Emotional need to purchase
Functional needs
Limited appeal and narrow scope
Quick and short-lived behavior
30s - Q8
What is the incubation period and life span of a trend?
Long and permanent
Short and permanent
Short and quick
Long and temporary
30s - Q9
When solving an everyday, practical problem, which approach involves breaking down data into useful information?
Analytical thinking
Intuitive thinking
Heuristic thinking
Parallel thinking
30s - Q10
Which of the following is NOT a mental attribute of strategic analysis?
Unconscious and automatic
In control with high effort but slow on action
Reflective and rational
Conscious and explicit
30s - Q11
What is SWOT analysis used for in strategic planning?
Evaluating the strengths, weaknesses, opportunities, and threats of a project or business venture
Examining decision theory and subjective expected utility.
Weighing the strengths and weaknesses of alternatives in a given problem.
Calculating the cost-benefit analysis of different solutions.
30s - Q12
What is the main difference between intuitive thinking and analytical thinking?
Intuitive thinking is heart-centered, while analytical thinking is practical and concrete.
Intuitive thinking involves using facts and data, while analytical thinking relies on instincts and feelings
Intuitive thinking is unconscious and automatic, while analytical thinking is conscious and explicit
Intuitive thinking is linear and focused, while analytical thinking is unfocused and nonlinear.
30s - Q13
Which of the following is NOT a functional attribute of intuitive thinking?
Rule-based and theoretical
Heuristic and parallel
Practical and concrete
Holistic and independent of general intelligence
30s - Q14
What is CBA (Cost-Benefit Analysis) used for in strategic planning?
Examining decision theory and subjective expected utility.
Weighing the strengths and weaknesses of alternatives in a given problem.
Evaluating the strengths, weaknesses, opportunities, and threats of a project or business venture
Calculating the cost and benefits of different solutions in monetary values.
30s - Q15
What is PEST analysis used for in strategic planning?
Calculating the cost and benefits of different solutions in monetary values.
Evaluating the strengths, weaknesses, opportunities, and threats of a projector business venture
Weighing the strengths and weaknesses of alternatives in a given problem.
Examining the effects of external factors on a decision, such as political, economic, social, and technological factors.
30s