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Semester Exam Part 1

  •  English    24     Public
    Questions for Semester Exam
  •   Study   Slideshow
  • Correct order for product quality control process
    Set standards, establish method, review results, refine
  •  20
  • If you need a better social media presence for your marketing you could do what?
    Create profiles on different platforms, create an online community, use brand influencers
  •  15
  • An employee who gets pay after making a sale receives what type of compensation?
    commission
  •  5
  • An employee who will get paid extra when they work overtime get what type of compensation?
    Hourly
  •  5
  • An employee who gets a set amount of pay gets what type of compensation?
    Salary
  •  5
  • An employee who will get paid for each unit they complete gets what type of compensation?
    Piece work
  •  5
  • A strength in a SWOT analysis from this list: improving economy or low overhead costs
    Low overhead costs
  •  10
  • An opportunity in a SWOT analysis from this list: improving economy or low overhead costs
    improving economy
  •  10
  • Between the two which would be a threat in a SWOT Analysis: lack of expertise or rising cost of product parts
    rising cost of product parts
  •  10
  • Between the two which would be a weakness in a SWOT Analysis: lack of expertise or rising cost of product parts
    Lack of expertise
  •  10
  • What might be direct competition for a bakery and a donut shop? Ice cream shop or coffee shop?
    Ice Cream shop
  •  10
  • What might be a fixed cost for a food truck, Insurance or to-go boxes?
    Insurance
  •  10
  • What might be a variable cost for a food truck? Insurance or to-go boxes?
    To-go boxes
  •  10
  • True or False- Business plans are written documents to attract investors.
    True
  •  10
  • True or false- A pitch deck is a written document with goals and objectives of a company.
    False
  •  10
  • True or false- A lean canvas is a one-page idea of the company
    True
  •  10