It refers to the stage of the product life cycle wherein the sales growth is slowing or has even stopped.

The stage of product life cycle wherein you are spending heavily on marketing.

This refers to the product life cycle wherein your product or service is establishing itself.

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?

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?

A step in design thinking process that combines and analyze the research to draw insights from the data

It refers to the tangible good or intangible service offered by the business to the target consumers.

It influences the buying decision of the consumers.

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.

It refers to the process putting the product in a package or container.

A criteria for choosing a brand name in which it has a pleasant meaning.

Which of the following is not advisable to consider in choosing a brand name?

Which of the following refers to the human workforce involved in the manufacture of products?

The 4M’s of production are as follows except ________ .

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?

Which of the following refers to the materials or ingredients to be used in creating the product?

A criteria for choosing a brand name wherein the brand is closely associated with another product.

It refers to the mode of conveying the presence and attributes of the product to the target consumers

The transformation phase where inputs are processed by manpower and machines to come up with the final product.

Which of the following refers to the manufacturing equipment used in the production of goods or delivery of services?

It refers to the preliminary model or sample of a new product or service that is created to test a product concept or service process

It refers to the vital process before an actual product or service is launched to the market.

The following are the impressions that the prototype, model or demo of product or service can give to the customer, except for one.

Which of the following are the importance of creating a product prototype for the product or service?

I. It describes the product or service to the product team.

II. It elicits respect from key stakeholders and customers

III. It engages for the product in trial-and-error

IV. It determines the cost of the production plan

A type of testing the product prototype wherein the entrepreneur will test a similar line of products to compare and get the best practices to be applied to the new product or service.