Lesson 2 - Producing Marketable Products

Quiz
•
Business
•
6th Grade
•
Medium
Ralph Loise Daro
Used 3+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Eman wants to build a business. He wants to sell organic products that are ideal and safe for consumers’ health. What standard will Eman meet if he continues this business?
Health
Appearance
Price
Marketability
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Hazel has a Tiktok account. One day, she saw a Tiktok video showing how to create a flower made of yarn, which is a current trend. Hazel learned how to create her own and sell it on the same platform. She immediately gains a massive amount of buyers afterward and continues selling, introducing new designs. What particular standard does Hazel meet in her business?
Health
Appearance
Price
Marketability
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Justin has already decided to sell Turon at tomorrow’s school fair. However, he does not know where to start. What does Justin have to think about first after thinking of a product?
Selling Price
Inventory
Ingredients
Operating Expenses
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
These are the two items that must be added to get the product’s selling price.
Total Expenses and Operating Expenses
Operating Expenses and Markup Price
Total Expenses and Markup Price
Markup Price and Total Cost of Ingredients
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Marilyn wants to step up her business and plans to meet all the standards or requirements for it. Which of the following is not a standard or requirement in self-evaluation?
Appearance
Ingredients
Selling Price
Health
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
In self-evaluation, this standard verifies if the pricing of the products is correct.
Price
Marketability
Appearance
Ingredients
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
It is a list of ingredients with their corresponding prices.
Operating Expenses
Inventory
Costing
Markup Price
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