Foods 2 - 1.01 Careers Vocab quiz

When the weather is cold, we hope to sell hot chocolate to students during Spartan Success to make money for our FCCLA club.  The hot chocolate is our:

• Channel
• Product
• Revenue
• Cost Structure

Jose used a simple one page diagram to brainstorm his ideas for opening up a shoe store in the mall. This was done using a  

• Lean Model Canvas
• Unique Value Proposition
• Key Metrics
• Competitive Advantage

The kitchen lab experience will be denied to  students who:

• Do not keep up with their classwork
• Steals food
• Acts irresponsibly either in the lab or the classroom
• All of the above

Carolina figured up all the expenses she would have to pay for in order to start her new business selling ice cream to students during Spartan Success.  These expenses are called

• Revenue
• Cost structure
• Business Concept
• Start up costs

Andrew fulfilled his dream of opening up a pizza shop in the town where he grew up, and sells his pizza mostly to college students. He started the business, and assumes all the risks that go along with it.  He is:

• Crazy
• an Entrepreneur
• a business partner
• a unique value proposition

I have an idea that I can design a children's book about proper handwashing techniques and sell the books to schools. This is a: 

• Cost Structure
• Key Metrics
• Business Concept
• Competitive advantage

Anthony determined that the people most likely to purchase his bacon egg and cheese biscuits were high school students who did not have time to eat breakfast before school. These students are his 

• Channels
• Products
• Target customers
• Key Metrics

Mr. Allen and Mr. Daughtry both operate taco stands during lunch.  Mr. Daughtry's stand has a buy one/get one free special with a drink included for 3.99.  Mr. Allen charges 2.99 per taco, plus the cost of your drink. Mr. Daughtry's tacos are bigger than Mr. Allen's, and they taste better.  Mr. Daughtry has the

• Lean Model Canvas
• Cost Structure
• Competitive advantage
• Business Concept

We have considered if our business is making money, if our customers are happy, whether we are getting the amount of customers we anticipated, if our location seems to be working...these are examples of our:

• Key Metrics
• Cost Structure
• Unique Value Proposition
• Lean Canvas Model

Malcom has figured out his plan for all the fixed and variable costs for his car washing business.  This is his:

• Cost Structure
• Product
• Channels
• Business concept