Practice 02

Practice 02

6th - 8th Grade

20 Qs

quiz-placeholder

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Practice 02

Practice 02

Assessment

Quiz

others

6th - 8th Grade

Practice Problem

Medium

Created by

Anery Hernandez

Used 15+ times

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

This market segment describes the benefits to customers based on their wants or needs and how they use the product.

Behavioral
Geographic
Demographic
Psychographic

2.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Which type of sales channel is someone using if they own an “ecommerce website” where customers can purchase the journals that they make?

a. Business-to Business
b. Retail
c. Wholesale
d. Direct-to-consumer

3.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Value engineering changes the purpose of the product.

True
False

4.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Richard has a small business. His first-year financials are as follows: Start-Up Costs: $70,000, Gross Sales: $66,800, Total Expenses: $28,500, Income Taxes: $6,370. What is the return on investment (ROI) for your business?

a. 1.96%
b. 55%
c. 61%
d. 92%

5.

MULTIPLE SELECT QUESTION

30 sec • 5 pts

You currently opened an Arepa truck business. Identify what are your “operating” costs.

a. Gasoline
b. Cooking Utensils
c. Business License
d. Truck Lease Payments

6.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

One objective of entrepreneurship is to make a profit.

True
False

7.

MULTIPLE SELECT QUESTION

30 sec • 5 pts

Which two elements below of the “sales process”, goes after the sales pitch?

a. Prospect
b. Overcome objections.
c. Follow-up
d. Approach

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