GMETRIX ESB DOMAIN 3: Production and Distribution Pre-Assessment

Quiz
•
Business
•
9th - 12th Grade
•
Medium
Zina Thomas
Used 13+ times
FREE Resource
7 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
2 mins • 3 pts
What do fulfillment centers do ?
Store products indefinitely but have slow shipping times
Strategically store a company's products so that the product can be picked up by the customer
Temporarily store products for retail stores
Strategically store a company's products so that the product can be quickly picked up and sent out
2.
MULTIPLE SELECT QUESTION
2 mins • 4 pts
What are the two (2) main types of distribution channels?
Direct
Physical
Indirect
Digital
3.
MULTIPLE CHOICE QUESTION
2 mins • 3 pts
What should one research before creating a product ?
How much money investors are willing to invest in the product
The number of products that will need to be produced
What is required to make the product
How much it will cost to compensate employees
4.
MULTIPLE CHOICE QUESTION
2 mins • 4 pts
A Minimum Viable Product (MVP) is a prototype used to test ease-of-use and _____.
cost
functionality
viability
performance
5.
MULTIPLE CHOICE QUESTION
2 mins • 3 pts
Buying office space is _______in the long run in comparison to leasing.
less difficult
more expensive
more difficult
less expensive
6.
MULTIPLE CHOICE QUESTION
2 mins • 4 pts
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.
business model
materials
production cost
buyer fees
7.
MULTIPLE CHOICE QUESTION
2 mins • 4 pts
When it comes to setting one's own quality standards, one must ensure they are ______.
written
profitable
reviewed
measurable
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