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Ready or Not v2 - Quiz V2.1

Total questions: 50

Worksheet time: 26mins

Name
Class
Date
1.
The average price at which a company sells its products.
a)
ASP (Average Selling Price)
b)
Overpricing
c)
Communism
d)
Market Price
2.
A small, specialized store that sells a limited range of products or services, often targeting a specific niche market.
a)
Boutique Retailer
b)
Wallymart
c)
Target
d)
Voodoo Donuts
3.
A name, symbol, or design that identifies a company and its products or services.
a)
Brand
b)
Nike
c)
Ford
d)
Brand Reputation
4.
How a company is perceived by its customers, based on its products, services, and overall image.
a)
Brand Reputation
b)
Rumors
c)
Cancel Culture
d)
Brand
5.
Money spent by a company to buy, maintain, or improve its long-term assets, like buildings and equipment.
a)
CAPEX
b)
Debt
c)
OPEX
d)
Banking
6.
Money spent by a company on its day-to-day operations, like salaries and rent.
a)
OPEX
b)
Gross Expenses
c)
CAPEX
d)
WINDEX
7.
The movement of money in and out of a business.
a)
Cash Flow
b)
Data
c)
BitCoin
d)
OPEX
8.
The direct costs of producing the goods a company sells.
a)
COGS (Cost Of Goods Sold)
b)
Outflow
c)
Net Debt
d)
Expenses
9.
The expenses a company incurs while running its business.
a)
Costs
b)
Expenses
c)
Bills
d)
Financials
10.
The total of something, often calculated over a specific period.
a)
Cumulative
b)
Net
c)
Gross
d)
Collateral
11.
The practice of protecting computer systems, networks, and data from theft, damage, or unauthorized access.
a)
Cyber Security
b)
IT
c)
Jail
d)
Bricking
12.
The desire for a product or service from consumers.
a)
Demand
b)
Orders
c)
Income
d)
Thirst
13.
A business model where companies sell products directly to consumers, bypassing retailers and wholesalers.
a)
Direct To Consumer
b)
Black Market
c)
Goodwill
d)
Online Sales
14.
A temporary, unpaid leave of absence given to employees, usually during tough economic times.
a)
Furlough
b)
Pink Slip
c)
Quitting
d)
Layoff
15.
The difference between a company's revenue and the cost of goods sold (COGS).
a)
Gross Margins
b)
Going Under
c)
Net Margins
d)
Cheddar
16.
The use of computers and telecommunications to store, retrieve, and share information.
a)
Information Technology
b)
Cyber Security
c)
Software
d)
Coding
17.
Specific, measurable factors used to evaluate a company's success and performance.
a)
KPI (Key Performance Indicators)
b)
Performance Data
c)
Business Metrics
d)
Lean Manufacturing
18.
The process of terminating employees, often due to financial difficulties or restructuring.
a)
Layoffs
b)
Onboarding
c)
Booting
d)
Furloughs
19.
The difference between a company's revenue and its costs.
a)
Margins
b)
Gross Income
c)
Net income
d)
Taxable Income
20.
The process of promoting and selling products or services, including advertising and market research.
a)
Marketing
b)
Commercials
c)
Flossing
d)
Branding
21.
The final profit after accounting for all expenses, taxes, and other costs.
a)
Net Income
b)
Payroll
c)
Gross Income
d)
Revenue
22.
The percentage of revenue remaining after all expenses.
a)
Net Margins
b)
Net Gross
c)
Income Percentage
d)
Profits
23.
Requests from retail & wholesale customers to buy a company's products or services.
a)
Orders
b)
Credit
c)
Demand
d)
Interest
24.
The money left over after a company pays its expenses.
a)
Profit
b)
Gross Income
c)
Revenue
d)
Share Price
25.
A period of economic decline, typically marked by a decrease in business activity and increased unemployment.
a)
Recession
b)
Socialism
c)
Capitalism
d)
Dystopia
26.
The selling of goods to consumers through stores or online platforms.
a)
Retail Sales
b)
Consumerism
c)
Marketing
d)
Advertising
27.
The money a company receives from selling its goods and services.
a)
Revenue
b)
Inventory
c)
Sales
d)
Net Profit
28.
The selling of goods in large quantities at a lower price to retailers who then sell them to consumers.
a)
Wholesale
b)
Pre Sales
c)
Retail
d)
Direct to Consumer
29.
The highest-ranking executive in a company, responsible for making major decisions and overseeing all operations.
a)
President
b)
Director
c)
CFO
d)
Manager
30.
The executive responsible for managing a company's financial activities, including budgeting, forecasting, and financial reporting.
a)
CFO (Chief Financial Officer)
b)
Book Keeper
c)
Vice President of Finances
d)
Director of Accountanting
31.
The person in charge of overseeing the manufacturing process, ensuring efficiency and quality.
a)
Production Manager
b)
Line Worker
c)
Production Director
d)
Chief Widgetmaker
32.
The person responsible for managing a company's personnel, including hiring, training, and employee relations.
a)
Human Relations Manager
b)
Social Worker
c)
Baby Sitter
d)
Emotional Support Director
33.
The person who leads purchasing and movement of materials into a company’s manufacturing process and finished goods from the company to customers.
a)
Supply Chain Manager
b)
Production Manager
c)
Human Resource Manage
d)
Vice President of Janitorial Services
34.
The person responsible for planning and executing marketing, communications, media relations and community relations strategies to promote a company's products or services.
a)
Marketing Manager
b)
Public Relations Director
c)
Brand Manager
d)
CFO
35.
The person responsible for leading a sales team and meeting sales targets through building and maintaining relationships with customers.
a)
Sales Manager
b)
Marketing Manager
c)
CEO
d)
Sales Associate
36.
The person responsible for managing a company's IT infrastructure and technology resources.
a)
Information Technology Manager
b)
Cyber Security Director
c)
Software Engineer
d)
Director of Geek Squad Services
37.
The use of machines, robots, or technology to perform tasks with minimal human intervention, often improving efficiency, accuracy, and speed.
a)
Automation
b)
Artificial Intelligence
c)
Terminator 3
d)
Lean Manufacturing
38.
The maximum amount of products a manufacturing facility can produce within a year.
a)
Capacity
b)
Orders
c)
Sales
d)
Average Sales Volume
39.
A manufacturing process that uses computers to control machine tools, like mills, lathes, and grinders, for precise and efficient production.
a)
CNC (Computer Numerical Control)
b)
Automation
c)
Lean Manufacturing
d)
Cyberdyning
40.
A manufacturing process in which molten metal is forced into a mold, or "die," to create metal parts
a)
Die Casting
b)
3D printing
c)
CNC machining
d)
Lathing
41.
The process of providing training, education, and opportunities for employees to improve their skills and advance their careers.
a)
Employee Development
b)
Training
c)
Education
d)
Collaboration
42.
A system used by companies to integrate and manage their core business processes, such as finance, supply chain, and human resources, often through software applications.
a)
Enterprise Resource Management
b)
Lean Manufacturing
c)
Supply Chain Optimization
d)
Automation
43.
A systematic approach to reducing waste and increasing efficiency in the manufacturing process by focusing on continuous improvement and eliminating non-value-added activities.
a)
Lean Manufacturing
b)
Automation
c)
Software Optimization
d)
Supply Chain Optimization
44.
The practice of hiring another company or individual to perform specific tasks or services, often to save costs or access specialized expertise.
a)
Outsourcing
b)
Temp Workers
c)
Layoffs
d)
China
45.
Manufacturing an item in a sequence of man/machine operations.
a)
Production Line
b)
Lean Manufacturing
c)
Building
d)
Maker Bots
46.
The process of monitoring and maintaining the quality of products during manufacturing, ensuring they meet established standards and specifications.
a)
Quality Control
b)
Total Quality Management
c)
Just in Time Delivery
d)
Supply Chain Optimization
47.
The process of withdrawing a product from the market due to safety or quality concerns, often requiring the company to fix or replace the defective items.
a)
Recall
b)
Return
c)
Refresh
d)
Rejuvenate
48.
A company or individual that provides materials, parts, or services needed for manufacturing a product.
a)
Supplier
b)
Outsource
c)
Manufacturer
d)
Home Depot
49.
The network of suppliers, manufacturers, distributors, and retailers involved in the production, transportation, and sale of a product.
a)
Supply Chain
b)
Production Line
c)
Manufacturing Consortium
d)
Product Sourcing
50.

Match the career with the role performed on the job

Cyber Security Technician

Manages the IT dept

CTO

Manages the team balancing the books

CFO

Daily tasks to monitor health of IT systems