WorksheetsEntrends Exam
Total questions: 50
Worksheet time: 32mins
1. A trend is neither appealing nor easy to imitate compared to a fad.
TRUE
FALSE
2. A trend cannot endure without publicity.
TRUE
FALSE
3. A fad is hyped or advertised and is usually dependent on marketing.
TRUE
FALSE
4. A fad is useful in different areas which may or may not be related.
TRUE
FALSE
5. A trend is only useful to where it is directly related.
TRUE
FALSE
6. The holistic decision is attained when strategic analysis and intuitive thinking are observed.
TRUE
FALSE
7. Every individual is a decision-maker.
TRUE
FALSE
8. Intuitive thinking follows a specific standard, formula, and criteria.
TRUE
FALSE
9. An emerging phenomenon that lasts for a long period of time and transmits existing ventures to future generations.
a. Trendspotter
b. Trend
c. Fad
d. Trendspotting
10. What characteristic of a trend introduces something new such as ideas, devices, or methods?
a. Innovation
b. Consistency
c. Versatility
d. None of the above
11. The following are fads except:
a. Beeper
b. Loombands
c. Brick Game
d. Mobile legends
12. Any given phenomenon and prediction which is likely to happen is examined by:
a. Trendspotting
b. Trend Analysis
c. Trend spotter
d. Fad
13. The following are elements of a trend except:
a. Human needs
b. Change
c. Innovation
d. Trendspotter
14. Trends last for a long time, such as months or years, whereas fads last only a few weeks or months. It quickly fades away. This characteristic is known as:
a. Support
b. Scope
c. Result
d. Sustainability
15. Identifying and understanding the following will enable you to spot or create a trend except:
a. Customer needs today and in the future.
b. Scope
c. Changes
d. Innovations
16. The process of identifying new trends by attempting to overlook or predict the future situation in the present is known as:
a. Trendspotter
b. Trend
c. Fad
d. Trendspotting
17. A practice or behavior that emerges quickly and fades quickly.
a. Trend analysis
b. Trend
c. Innovation
d. Fad
18. The following are trending today except:
a. Online selling
b. Tiktok
c. Dalgona coffee
d. Home gardening (plantito/plantita)
19. Kids today are fond of gadgets rather than traditional games:
a. Trend
b. Fad
20. The following are the goals of strategic analysis except:
a. Analyzes an organization’s external and internal environment.
b. Generate a new vision, mission, and goals for the company.
c. Generates and evaluates the most successful strategic alternatives.
d. Assesses current strategies.
21. The secret ingredient that drives all trends comes from the tension that occurs when the fundamental elements intersect.
(a)
22. This refers to the needs, wants, and desires that have been shaping human behavior. It is one of the elements that drive the emergence of trends.
(a)
23. A way to identify a trend is for business leaders or organizations to make connections with others which will allow them to take advantage of various resources and insights that can be proven useful.
(a)
24. A way to identify a trend is for a business leader to set up ways to gather relevant information from a source such as sending out surveys, and polls to gain insights into the behavior of the consumers.
(a)
25. This refers to the built-in, voice-controlled personal assistant available for Apple users.
(a)
26. A technology capable of matching a human face from a digital image or a video frame against a database of faces.
(a)
27. This is the most recent generation technology standard for mobile networks set to offer much faster connection speeds.
(a)
28. A theoretically informed understanding of the operating environment of an organization, as well as an understanding of how it functions in order to enhance efficiency and effectiveness.
(a)
29. This refers to the underlying core 'principles' that provide a guide as to how and why an organization functions.
(a)
30. This refers to a clear picture of the desired future state of the organization. It answers the question— "What do you want your organization to become in the long run?"
(a)
31. An agreed-upon set of intended actions to bring about desired outcomes. What needs to be done, when it needs to be done, by whom, and what resources or inputs are necessary to do it.
(a)
32. A strategic analysis tool that aims to identify the internal factors and the external factors of the organization’s operating environment.
(a)
33. SWOT stands for:
(a)
34. Determine whether the statement is about strategic analysis or intuitive thinking:
It is referred to as a gut feeling, sixth sense, inner sense, instinct, inner voice, spiritual guide, etc.
a. Strategic analysis
b. Intuitive thinking
35. Determine whether the statement is about strategic analysis or intuitive thinking:
It is spontaneous, quick, and finished all at once.
a. Strategic analysis
b. Intuitive thinking
36. This involves looking at the context of the problem.
a. Strategic analysis
b. Intuitive thinking
37. It refers to a system or method that requires deliberate, abstract, and effortful thinking that breaks down a complex problem into parts.
a. Strategic analysis
b. Intuitive thinking
38. This is the first step in the process of conducting strategic analysis:
a. Determine the effectiveness of existing strategies
b. Formulate plans
c. Perform an environmental analysis of current strategies
d. Identify and analyze the operating environment of the competitor
39. This is the second step in the process of conducting a strategic analysis:
a. Generate a new vision, mission, and goals for the company.
b. Recommend and implement the most viable strategy.
c. Perform an environmental analysis of current strategies.
d. Determine the effectiveness of existing strategies.
40. This is the third step in the process of conducting a strategic analysis:
a. Enhance the key goals of your organization
b. Formulate plans
c. Recommend the most viable strategy
d. Conduct a market research
41. This is the fourth and final step in the process of strategic analysis:
a. Recommend and implement the most viable strategy
b. Recommend an environmental analysis of the competitor
c. Conduct market research
d. Conduct an environmental analysis of current strategies
42. The following are questions that will guide you in analyzing the strengths of a business or organization except:
a. What makes an organization work?
b. Are there any social, lifestyle, or population changes we can take advantage of?
c. What advantages does the organization have over others?
d. What does the organization do well?
43. The following are questions that will guide you in analyzing the threats in a business except:
a. Do we have internal processes that are slow?
b. Are there any government/regulatory changes we need to note?
c. What are our competitors doing?
d. Can we keep up with technological changes?
44. These are internal, negative factors that are within the control of the organization.
a. Strengths
b. Weaknesses
c. Opportunities
d. Threats
45. Deficiency in financial resources, poor management skills, and undertrained employees belong to:
a. Strengths
b. Weaknesses
c. Opportunities
d. Threats
46. Excellent management skills, rich customer service, quality products at a reasonable price, and strong branding belong to:
a. Strengths
b. Weaknesses
c. Opportunities
d. Threats
47. These are external, negative factors beyond an organization’s control that make it difficult or impossible to reach the organizational goals and may cause unrecoverable damages.
a. Strengths
b. Weaknesses
c. Opportunities
d. Threats
48. Changes in consumer tastes and needs, economic downturn, entry of foreign competitors, climate change, and increased government regulation belong to:
a. Strengths
b. Weaknesses
c. Opportunities
d. Threats
49. Market developments, technological development, innovation, competitors' vulnerabilities, and industry or lifestyle trends belong to:
a. Strengths
b. Weaknesses
c. Opportunities
d. Threats
50. These are positive, tangible, and intangible attributes internal to the organization.
a. Strengths
b. Weaknesses
c. Opportunities
d. Threats
