
Semester Exam Part 1
Quiz by Kelli Smirniotis
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Your company has a new product in production. You need to establish your product quality control process. What is the correct order to establish your product quality control process?
A consultant determined that your company needs a better social media presence to market your school supply products. Which 3 methods should you use?
Which type of compensation is for an employee who receives payment after completing a sale?
Which type of compensation is for an employee who receives a set amount for each unit created?
Which type of compensation is for an employee who receives overtime pay for working extra time?
Which type of compensation is for an employee who receives a set wage each week without overtime pay for extra time.
What is the projected ending cash balance for a month with this information: Initial cash $1,200, Projected revenue $2,350, Gas $100, Equipment maintenance fees $290, Truck payment $400, Payroll $2,900, Insurance $120. Remember, if the amount is in ( ) that means it is negative.
In a SWOT Analysis which of the following is a strength?
In a SWOT Analysis which of the following is a weakness?
In a SWOT Analysis which of the following is a opportunity?
In a SWOT Analysis which of the following is a threat?
If you owned an ice cream and donut shop which is direct competition?
Which are fixed costs for a coffee shop?
If you own a coffee shop, which costs are variable?
Start-up companies use business plans to attract investors.
Business plans are written documents outlining a company's objectives and goals.
A pitch deck is a short presentation that provides an overview of your business plan.
A lean canvas is a 1-page description of your idea.
In addition to pricing, which three elements make up your marketing mix?
Which businesses are product-based?
Which businesses are service-based?
What is the correct order for the steps of the design thinking process?
What are the characteristics of an entrepreneurial mindset?
You are making a selling bracelets. The sales price for each is $180 and it cost you $134.50 to produce each bracelet. So what is your return on investment (ROI)?
You are trying to decide whether pursue a personal business opportunity or go with a franchise opportunity instead. Which is true?
You are trying to decide whether pursue a personal business opportunity or go with a franchise opportunity instead. Which is true?