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Section 3

Authored by RICHARD FLORES

Social Studies

9th - 12th Grade

Used 49+ times

Section 3
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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

in addition to identifying the problem a product or service solves a value hypothesis should promote things like product features, pricing and the ____ as a means of enticing potential customers to purchase the product

materials

production cost

business model

buyer fees

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

a minimum viable product is a prototype used to test ease-of-use and ______

cost

viability

performance

functionality

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

what should one research before creating a product?

what is required to make the product

how much money investors are willing to invest in the product

How much it will cost to compensate employees

the number of products that will need to be produced

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Buying office space is ______ in the long run in comparison to leasing.

less expensive

less difficult

more expensive

more difficult

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

when it comes to setting one's own quality standards one must ensure they are ______

profitable

measurable

written

reviewed

6.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

what are two main types of distribution channels?

physical

digital

indirect

direct

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

what do fulfillment centers do?

strategically store a company's products so that the product can be quickly picked up and sent out

store products indefinitely but have slow shipping times

temporaily store products for retail stores

strategically store a company's producers so that the product can be picked up by the customer

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