Markeing Applications 2

Markeing Applications 2

9th - 12th Grade

10 Qs

quiz-placeholder

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Markeing Applications 2

Markeing Applications 2

Assessment

Quiz

9th - 12th Grade

Medium

Created by

James Reeves

Used 9+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What should Jason avoid doing to shorten his sales cycles?

Avoid answering objections

Rely on other team members for product knowledge

Always use the same sales presentation

Improve the qualification process

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The price of raw materials used in manufacturing a product

doubled what had been projected for the year. What can the

business determine by analyzing its financial information?

Supply and demand

Equipment costs

Variances

Errors in forecasting

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

During its 20 years of operation, the Normandy Company has

made very few changes to its accounting methods and system.

As a result, its financial information is likely to be in which

condition?

Comparable

Consistent

Reliable

Conservative

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is a way a business can use financial information?

To identify trends

To select selling strategies

To conduct focus groups

To create an economic system

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

While reviewing financial information, Troy noted that the company earned

$245,956 in January, $248,122 in February, and $252,878 in March. Which

most likely summarizes the financial situation?

Capital assets are depreciating at a slower rate.

Cash flow continues to be tight.

Accounts receivable exceed accounts payable.

Sales are steadily increasing.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A manager is most likely to use financial information for which situation?

In determining resources available to fund a new project

For researching the demographics of a new target market

For calculating the number of on-the-job injuries in the past

year

In establishing lines of authority within an organization

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Emma is reviewing the sales budget in relation to the actual sales generated for a set time frame. How is Emma using financial information in this situation?

To analyze the impact of aging accounts

To establish new quality standards and benchmarks

To identify external economic trends

To compare estimated performance with actual performance

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