Beginning Business Quiz

What type of pay occurs by the hour?

• Salary

• Hourly Pay

What part of your Pitch Presentation tells the amount of money you need to begin your project/business?

• Supportive Pay

• Comparative Analysis

• Start Up Costs

• Market Analysis

A slogan that usually refers to shopping at local stores that are owned by people in the community,

• Shop Saturday

• Shop Small

• Big Box Shop

When an employee works and receives payment annually (one salary, divided up, not dependent on the hours worked)

• Hourly Pay

• Salary

• Career Costs

• Buyer Protection

The process which a business determines how it will promote and let people know about the business.

• A Business Plan

• Marketing Plan

• Market Strategy

• Employee Information

A company or business who is selling or providing the same type of service as another business.

• Enployee

• Producer

• Competitor

• Lawyer

Paying rent is an example of....

• A fixed cost

• A recurring cost

If a restaurant purchases stoves and kitchen equipment, that is considered what type of cost?

• Fixed Cost

• Recurring Cost

• Neither

• Both

What should be larger on your pitch deck?

• Visuals

• Paragraph of Text

Businesses make these to represent the name and style of their business. They want a customer to recognize their brand by this.

• Competitor

• Logo

• Business Plan

• Cost Structure