Back-to-School Market Quiz

According to the text, which product lost its place and presence in the 2016 market compared to 2012?

• Fabric cleaning

• Laundry powder

• Snacks

• Milk product

When is the peak sale season for school products?

• October to December

• January to March

• April to June

• July to September

What does the Department of Trade and Industry's Consumer Protection and Advocacy Bureau (DTI-CPAB) release annually for school supplies?

• Consumer complaints

• Marketing strategies

• Product reviews

• Price guides

Where can you get ideas on the latest cartoon or popular characters featured on school products?

• Local grocery store

• Divisoria

• Online forums

• Leading bookstore nationwide

What is the purpose of the price guides released by DTI-CPAB?

• To increase prices

• To ensure fair competition

• To reduce market share

• To control supply

Which of the following is considered a seasonal product for school?

• Headphones

• Mobile phones

• Uniforms

• Laptops

What is the purpose of studying past and present data for an entrepreneur?

• To avoid competition

• To choose the worst product to sell

• To ignore market trends

• To consider the trend forecast

Where can you find the suggested retail prices (SRPs) for school supplies released by DTI-CPAB?

• Social media

• DTI website

• Television commercials

• Billboards

What is the best time to visit Divisoria to get the pulse on the latest school products?

• Early morning

• Late night

• Evening

• Afternoon

What can you learn by interviewing the salespeople or surveying the store cases at a marketplace?

• The weather forecast

• Celebrity gossip

• Which items are bestsellers

• Local news updates