Enterprise & Marketing 1

Enterprise & Marketing 1

6th - 8th Grade

25 Qs

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Enterprise & Marketing 1

Enterprise & Marketing 1

Assessment

Quiz

Business

6th - 8th Grade

Practice Problem

Medium

Created by

Christopher Hooker

Used 5+ times

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25 questions

Show all answers

1.

DRAG AND DROP QUESTION

1 min • 1 pt

​ (a)   is the process of collecting information yourself to improve your brand, product or business.

Primary Market research
Secondary Market research
Goverment Research
Focus Groups

2.

HOTSPOT QUESTION

1 min • 1 pt

Can you tell me where the Breakeven point is on this diagram?

3.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Which of the below is a Fixed cost for a restaurant?

Staff Wages

Insurance for the building

Raw materials

Electricity

4.

LABELLING QUESTION

1 min • 1 pt

Label the PLC chart (Product Lifecycle)

b
c
d
e

Growth

Introduction

Development

Decline

Extension Strategy

Maturity

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the FORMULA for Profit?

Revenue - Expenditure

FC + VC

SPPU - VCPU

There is no FORMULA

6.

DRAG AND DROP QUESTION

1 min • 1 pt

Social media is a form of (a)   promotion. An advantage of this form is that it is ​ (b)   ​ to start for a business

Digital
Non-digital
Cheap and Easy
Expensive
Traditional promotion
Captive audience
Endorsement

7.

LABELLING QUESTION

1 min • 1 pt

Label the BREAKEVEN chart?

a
b
c
d
e
f

Total Costs

BE Point

Fixed Costs

Profit

Total Revenue

Loss

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