TLE-ICT 10 GROUP QUIZ

What is the 7th stage in the concept development of a product?

A process of making a new product to be sold to the customers.

Innovates to have an edge over other competitors.

Environmental scanning is a one-off activity carried out by new companies.

Being honest alone can help someone establish a solid reputation.

These are the things that people cannot live without in a society.

Which of the following stages perform information gathering using survey forms, interviews, and researches?

Which trait is not regarded as being a trait of an entrepreneur?

Entrepreneurs invest time and effort into their business.

What term refers to what gets people moving, what makes people spend on a product or service?

These are luxuries, advantages and desires that every individual considers beyond necessity.

What PECs or behavioral traits reveal an entrepreneur's capacity to make calculated, unpredictable business decisions?

What is PECs?

Based on feedback from the preceding processes, the product or service specifications are improved at this stage.

They organize, manage, and take commercial risks as agents of economic change.

The following are examples of being responsible except one.

Product development focuses only on formulating a new product that satisfies a newly defined customer’s needs.

A person is effective, effective in communicating, and has good interpersonal skills.

The stage in which the target market's needs are identified, reviewed, and evaluated.

This is a meaningful and unforgettable statement that captures the essence of the brand.

Which of the following is an example of "needs"?

This is the introduction of new ideas to make the product and services more attractive and saleable.

Works diligently

What PECs or behavioral traits indicate an entrepreneur has faith in his or her own skills and abilities?

The activity of setting up a business or businesses, taking on financial risks in the hope of profit.