Business Implementation Quiz

What are the differentiated business concepts that Jollibee won the hearts, minds, and wallets of Filipino Consumers? Do you think these business concepts are effective in outgunning the giant McDonalds? Explain your answer.

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If you’re going to build your own Food Industry like Jollibee, what would be your business concepts and why?

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It is a written document that describes in detail how a business is going to achieve its goals.

• Business Certificates

• Business Plan

• Enterprise

• Company

It is another word for a for-profit business or company, but it is most often associated with entrepreneurial ventures.

• Benchmark

• Franchise

• Enterprise

• Corporation

It is calculated as total revenue less total expenses.

• Profit

• Asset

• Financial forecast

• Revenue

It is a short statement of why an organization exists, what its overall goal is.

• Vision statement

• Business Plan

• Income Statement

• Mission Statement

It is a sum of money provided to a company to further its business objectives.

• Liabilities

• Income

• Capital investment

• Expenditures

It is an estimation of revenue and expenses over a specified future period of time and is utilized by governments.

• Budget

• Profit

• Cash

• Income

The one who places capital into a project or business with the intent of making a profit from the initial placing of capital.

• Entrepreneur

• Manager

• Investor

• Customer

These are resources that your business owns or leases that provide economic value.

• Assets

• Budget

• Expenses

• None of the above