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Personal Entrepreneurial Competencies for ICT Specialization

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

What is generated by examining the goods and services sold in the community?

a)

business creation

b)

business pricing

c)

business concept

d)

business idea

2.

What do you think is the process of making new products which will be sold to the customers?

a)

product analysis

b)

product conceptualization

c)

product development

d)

product implementation

3.

Which of the following characterize luxuries and advantages that every individual considers beyond necessary?

a)

wants

b)

desires

c)

requirements

d)

needs

4.

What is the factor or consideration presented by a seller as the reason that a product or service is different from and better than that of the competition?

a)

unique selling plan

b)

unique selling propositions

c)

unique pricing policy

d)

finding value added

5.

What stage shows the needs of the target market and are identified, reviewed, and evaluated?

a)

concept development

b)

economic analysis

c)

project development

d)

refine specification

6.

Which of the following is the introduction of new ideas to make the product and services more attractive and saleable to the target customers?

a)

new idea

b)

creativity

c)

product development

d)

innovation

7.

What managerial tool is used to assess the environment and to gather important information that can be utilized for strategic planning?

a)

scanning

b)

SWOT Analysis

c)

survey analysis

d)

evaluation process

8.

What do you call the creation of names, symbol, or designs that identifies and differentiates a product from the other products?

a)

product naming

b)

unique selling proposition

c)

branding

d)

tagline

9.

What is the meaningful and unforgettable statement that captures the essence of the brand?

a)

product naming

b)

unique selling proposition

c)

branding

d)

tagline

10.

What are things that people cannot live without?

a)

wants

b)

desires

c)

requirements

d)

needs