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SA 2 Entrepreneurship

Authored by Pricilla Mercado

Other

12th Grade

Used 3+ times

SA 2 Entrepreneurship
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25 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 2 pts

What is one of the major sections of the business plan that outlines various activities from the acquisition of raw materials to the delivery of products to target customers?

Financial Plan

Service Plan

Operational Plan

Marketing Plan

2.

MULTIPLE CHOICE QUESTION

1 min • 2 pts

Which of the following is NOT commonly covered in the operational plan?

Materials requisition and receiving procedures

Storage and inventory control system

Evaluation of suppliers

Customer service strategies

3.

MULTIPLE CHOICE QUESTION

1 min • 2 pts

What does the '10Cs of things to Look for in Suppliers' refer to?

10 categories of suppliers

10 common issues with suppliers

10 characteristics to consider when evaluating suppliers

10 countries with the best suppliers

4.

MULTIPLE CHOICE QUESTION

1 min • 2 pts

Which of the following is NOT one of the 10Cs to look for in suppliers?

Communication

Culture

Cost

Certification

5.

MULTIPLE CHOICE QUESTION

1 min • 2 pts

What are the four main types of stock mentioned in the text?

Raw materials, Work in progress, Finished goods, Consumables

Primary stock, Secondary stock, Tertiary stock, Quaternary stock

Initial stock, Ongoing stock, Final stock, Expendable stock

Basic stock, Intermediate stock, Advanced stock, Premium stock

6.

MULTIPLE CHOICE QUESTION

1 min • 2 pts

What is the purpose of stocktaking?

To ignore stock levels

To make an inventory of stock

To reduce stock levels

To increase stock levels

7.

MULTIPLE CHOICE QUESTION

1 min • 2 pts

Which of the following is NOT a part of the marketing mix?

Promotion

Product

Placement

Profit

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