GRADE 10

What does PECS stand for?

• Personal Entrepreneurial Competent School

• Personal Entrepreneurial Competencies and Skills

• Professional Entrepreneurship of Computer Studies

• Professional Entrepreneurial Competencies and Studies

Which of the following is an example of opportunity seeking?

• Ignoring new trends in the market.

• Refusing to take risks in the business.

• Waiting for customers to ask for new products

• Looking for unmet needs in the market and addressing them.

What does it mean when an entrepreneur is "risk-tolerant"?

• They avoid all risks.

• They rely on luck to succeed.

• They are willing to take calculated risks to achieve success.

• They do not consider the consequences of their decisions.

Entrepreneurs who are willing to work long hours and persist in the face of challenges exhibit which competency?

• Risk taking

• Persistence

• Persuasion

• Planning

Entrepreneurs who keep learning new skills and improving their business knowledge demonstrate which competency?

• Creativity

• Commitment to work contract

• Demand for efficiency and quality

• Information seeking

A new competitor has entered the ICT market, offering similar products at a lower price. Your company has been a market leader for years. Which is the best marketing strategy to maintain your competitive advantage?

• Focus on customer loyalty programs to retain existing clients

• Introduce a new product line to diversify your offerings.

• Lower your prices to match the competitor's offerings.

• Increase advertising spend to emphasize your brand's unique features and benefits.

The government has introduced new regulations on data privacy that will affect how ICT companies can collect and store user data. How can your marketing team do first in response to this change?

• Immediately halt all marketing campaigns until the regulations are fully understood.

• Consult with legal and compliance teams to ensure your marketing practices align with the new regulations.

• Reduce the amount of data collected from users to minimize compliance risks.

• Shift focus to international markets where these regulations don't apply.

A major technological advancement in cloud computing is expected to disrupt the ICT industry. How should your marketing strategy adapt to this trend?

• Ignore the trend and continue marketing your existing products as usual.

• Quickly rebrand your company to appear as an innovator in cloud computing.

• Conduct market research to understand customer needs related to this new technology.

• Increase investment in traditional ICT solutions to counterbalance the hype around cloud computing.

Economic recession has led to a decrease in corporate spending on ICT solutions. Which is the most effective way to adjust your marketing strategy?

• Focus on cost-saving features and ROI of your ICT products.

• Increase prices to maintain profit margins.

• Reduce marketing efforts to cut costs.

• Expand into international markets where the economy is more stable.

Social media platforms have become a primary channel for ICT companies to reach their audience. Which is the best approach to leverage social media in your marketing strategy?

• Use social media solely for customer support and service inquiries.

• Develop targeted content that resonates with your audience's interests and needs.

• Post frequent promotional content about your products and services.

• Rely on paid social media ads to reach as many users as possible.