Understanding Macrotrends and Microtrends Quiz

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The ______ is the political unit of the local community.

Barangay

The barangay ______ exerts political authority.

council

The barangay chairman and ______ keep the peace and order.

tanods

Reasoning is vital in decision-making for 'good ______'.

thinking

Inductive reasoning goes from ______ to general.

specific

Deductive reasoning goes from general to ______.

specific

Fad spreads quickly but disappears equally quickly, affects only a particular group and has no long-term implications, an intense and widely shared enthusiasm for something

trend

Macrotrends involve large populations, last for a long period of time, and create smaller trends

shift

Microtrends are emerging small ______ behind tomorrow’s big changes, attributed to the power of individual choice over trends that we are trying to understand, advocates localization than globalization

forces

Changes in the political structures and the rise of social movements, advancement in science and technology, development in socio-cultural landscape, changes in the earth’s geology and ecosystem are all examples of ____________

trends

Trend-spotting is the act of identifying a trend and predicting the future through it, it involves observing and analyzing ____________

patterns

Game Changers are conscious acts from humans to direct the course of a ______

megatrend

Drivers are the forces of change behind a trend that make trends what they are. Enablers are a catalyst that enhances a ______

driver

Friction is the resistance to change that occurs naturally and inevitably due to learned habits of seeing and doing things. Blockers are forces that attempt to stop a change or ______

delay

Technology provides a powerful force of change - new capabilities that make change possible. It becomes a blocker once ______ are reached

limits

Powerful Individuals and Organizations are popular figures who radically change the future. They gain followers who subscribe to their beliefs and combine with the institutional power of governments, military, and corporate power. Values change slowly, last line of defense against rush of technologies capabilities leads to social values which enable ______

laws

Network is the connection among interacting groups of people. It has many layers of interactions from the household to village, to national, and global communities. Three basic elements are Setup, Surveying, and ______

Scenarios

_______ is a management method whereby an organization can assess major external factors that influence its operation in order to become more competitive in the market

SWOT analysis

_______ is the process used to measure the benefits of a decision or taking action minus the costs associated with taking that action

Cost-benefit Analysis

_______ is a way to examine both the costs and health outcomes of one or more interventions

Cost-effectiveness Analysis

Intuitive Thinking is done when one needs a fast solution to a situation - natural, innate, or inherent - quick solution to be verified later by _______ solutions

analytic

_______ is an approach to decision-making under risk that allows for subjective evaluation of both variables under consideration and the probabilities associated with them

Subjective Expected Utility

Risk-Aversion Heuristic, Loss-Aversion Heuristic, and Availability Heuristic are examples of _______

heuristics

TRENDS are a new item or practice that stabilizes and transforms into a habit, lifestyle, or an enduring product. A direct movement or behavior. A sequential pattern of change in recorded data. Recorded Data - a change evidenced by a rise or fall of variables when measured between at least two points over time (Gordon, 2008). FIVE ELEMENTS OF A TREND 1. Number of Participants - an individual started a trend but as time progresses the number of people following it increases. 2. Pattern of Behavior - a trend is a form of repetitive actions of people. 3. Length of Time - a trend is a long time frame. 4. Cause - a trend is a starting point of an idea, technology, event, or a person. 5. Consequence - a trend makes considerable influence or impact. FACTORS SHAPING A TREND 1. Human needs - desire to build a better world and improve the quality of life. 2. Historical Forces - responses in order to achieve an equilibrium until the next disruptive event happens. 3. Globalization - global exchange of goods and services and erasure of barriers. 4. Global Connectivity - Connections between all objects, systems, and applications. TREND AS A PATTERN OF CHANGE Megatrends - coined by John Naisbitt (1984) to account to trends evident in a global scale - large social, economic or political changes with lasting influence - adheres to globalization as a force for change or growth Six Categories of Megatrends 1. shifts in human densities and movements 2. change in economic systems

change in political systems

TRENDS are a new item or practice that stabilizes and transforms into a habit, lifestyle, or an enduring product. A direct movement or behavior. A sequential pattern of change in recorded data. Recorded Data - a change evidenced by a rise or fall of variables when measured between at least two points over time (Gordon, 2008). FIVE ELEMENTS OF A TREND 1. Number of Participants - an individual started a trend but as time progresses the number of people following it increases. 2. Pattern of Behavior - a trend is a form of repetitive actions of people. 3. Length of Time - a trend is a long time frame. 4. Cause - a trend is a starting point of an idea, technology, event, or a person. 5. Consequence - a trend makes considerable influence or impact. FACTORS SHAPING A TREND 1. Human needs - desire to build a better world and improve the quality of life. 2. Historical Forces - responses in order to achieve an equilibrium until the next disruptive event happens. 3. Globalization - global exchange of goods and services and erasure of barriers. 4. Global Connectivity - Connections between all objects, systems, and applications. TREND AS A PATTERN OF CHANGE Megatrends - coined by John Naisbitt (1984) to account to trends evident in a global scale - large social, economic or political changes with lasting influence - adheres to globalization as a force for change or growth Six Categories of Megatrends 1. shifts in human densities and movements 2. change in economic systems 3. change in political systems

technological advancements

TRENDS are a new item or practice that stabilizes and transforms into a habit, lifestyle, or an enduring product. A direct movement or behavior. A sequential pattern of change in recorded data. Recorded Data - a change evidenced by a rise or fall of variables when measured between at least two points over time (Gordon, 2008). FIVE ELEMENTS OF A TREND 1. Number of Participants - an individual started a trend but as time progresses the number of people following it increases. 2. Pattern of Behavior - a trend is a form of repetitive actions of people. 3. Length of Time - a trend is a long time frame. 4. Cause - a trend is a starting point of an idea, technology, event, or a person. 5. Consequence - a trend makes considerable influence or impact. FACTORS SHAPING A TREND 1. Human needs - desire to build a better world and improve the quality of life. 2. Historical Forces - responses in order to achieve an equilibrium until the next disruptive event happens. 3. Globalization - global exchange of goods and services and erasure of barriers. 4. Global Connectivity - Connections between all objects, systems, and applications. TREND AS A PATTERN OF CHANGE Megatrends - coined by John Naisbitt (1984) to account to trends evident in a global scale - large social, economic or political changes with lasting influence - adheres to globalization as a force for change or growth Six Categories of Megatrends 1. shifts in human densities and movements 2. change in economic systems 3. change in political systems 4. technological advancements

environmental sustainability

TRENDS are a new item or practice that stabilizes and transforms into a habit, lifestyle, or an enduring product. A direct movement or behavior. A sequential pattern of change in recorded data. Recorded Data - a change evidenced by a rise or fall of variables when measured between at least two points over time (Gordon, 2008). FIVE ELEMENTS OF A TREND 1. Number of Participants - an individual started a trend but as time progresses the number of people following it increases. 2. Pattern of Behavior - a trend is a form of repetitive actions of people. 3. Length of Time - a trend is a long time frame. 4. Cause - a trend is a starting point of an idea, technology, event, or a person. 5. Consequence - a trend makes considerable influence or impact. FACTORS SHAPING A TREND 1. Human needs - desire to build a better world and improve the quality of life. 2. Historical Forces - responses in order to achieve an equilibrium until the next disruptive event happens. 3. Globalization - global exchange of goods and services and erasure of barriers. 4. Global Connectivity - Connections between all objects, systems, and applications. TREND AS A PATTERN OF CHANGE Megatrends - coined by John Naisbitt (1984) to account to trends evident in a global scale - large social, economic or political changes with lasting influence - adheres to globalization as a force for change or growth Six Categories of Megatrends 1. shifts in human densities and movements 2. change in economic systems 3. change in political systems 4. technological advancements 5. environmental sustainability

cultural shifts

TRENDS are a new item or practice that stabilizes and transforms into a habit, lifestyle, or an enduring product. A direct movement or behavior. A sequential pattern of change in recorded data. Recorded Data - a change evidenced by a rise or fall of variables when measured between at least two points over time (Gordon, 2008). FIVE ELEMENTS OF A TREND 1. Number of Participants - an individual started a trend but as time progresses the number of people following it increases. 2. Pattern of Behavior - a trend is a form of repetitive actions of people. 3. Length of Time - a trend is a long time frame. 4. Cause - a trend is a starting point of an idea, technology, event, or a person. 5. Consequence - a trend makes considerable influence or impact. FACTORS SHAPING A TREND 1. Human needs - desire to build a better world and improve the quality of life. 2. Historical Forces - responses in order to achieve an equilibrium until the next disruptive event happens. 3. Globalization - global exchange of goods and services and erasure of barriers. 4. Global Connectivity - Connections between all objects, systems, and applications. TREND AS A PATTERN OF CHANGE Megatrends - coined by John Naisbitt (1984) to account to trends evident in a global scale - large social, economic or political changes with lasting influence - adheres to globalization as a force for change or growth Six Categories of Megatrends 1. shifts in human densities and movements 2. change in economic systems 3. change in political systems 4. technological advancements 5. environmental sustainability 6. cultural shifts

demographic changes

Test your knowledge on the concepts of macro and microtrends, including their definitions and characteristics. Learn about large-scale sustained shifts in global phenomena and emerging small forces shaping future trends.

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