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Semester Exam Part 1
Game Code: 1328214
English
24
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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
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