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Worksheets3RD 2T
Total questions: 21
Worksheet time: 13mins
The most common types of business are:
(a)
All products or services must meet certain defined characteristics.
TRUE
FALSE
Every product or service must not have a brand that identifies it
TRUE
FALSE
Every product or service must have a brand that identifies it
TRUE
FALSE
They remain unchanged, they must be canceled regardless of whether 10 or 1,000 units of a product are sold. Some examples are:
• Rental of machinery
• Machinery depreciation
• Rental of the plant
• Labor wages
• Internet
(a)
They change in relation to the volume of production and sales. Among them:
• Raw material
• Electricity for production
• Indirect materials used
• Machinery maintenance
(a)
3 Point of Sales & The Market:Segmentation, Variables
4Promotion:Advertising techniques, Communication
5 Determining the initial investment
6 Pre-operational expenses
7 Annual Projections
8 Projected Cash Flow
TRUE
FALSE
What is Price?
(a)
Place is also known as...
(a)
What is the Point of Sales?
A physical or virtual place where the products or services will be offered.
A type of marketing strategy in promotion.
Why is Promotion important?
Promotion is not important because it decreases sales.
Promotion raises the awareness of your product, increasing sales.
What is Advertising?
A process of selling products in many places, including the physical and virtual spaces for its realization.
Communication in "a purchased space" with the intention of attracting current and potential customers.
What is the most important thing in advertising?
The message
The financial plan must have the following components:
·The initial investment in assets.
·Preoperational expenses.
·The working capital needed to break even.
·Financial projections of income, costs and expenses.
TRUE
FALSE
What is the Initial Investment?
The first amount of money required to acquire assets, such as: land, civil works, machinery, vehicles or transportation equipment, computer equipment, furniture and fixtures, office equipment, etc.
The final money required to acquire assets, such as: land, civil works, machinery, vehicles or transportation equipment, computer equipment, furniture and fixtures, office equipment, etc.
The total money invested in a business
It refers to the first amount of money required to acquire assets, such as: land, vehicles, etc.
Preoperational expenses
Initial investment
They refer to the expenses for procedures to comply with laws for the creation of a company, payments in notaries, municipal licenses to operate without problems, etc.
Preoperational expenses
Operational expenses
Initial investment
It is the money needed to finance the initial operation to cover the costs and expenses.
The projections of income, costs and expenses for the business
Preoperational expenses
Working capital needed to break even
(Seed Capital)
Inicial investment
Annual Projections. Financial prediction estimating the future sales volume and the budget for costs and expenses in a year.
Projected Cash Flow. The flow of funds includes all income and expenses. Inflation is the increase in prices, a factor considered in the annual calculation of the projected cash flow, for the loss of the value of money.
Preoperational costs and expenses
Initial investment
Projections of income, costs and expenses
Projected cash flow that only includes income, not expenses
What is a product in business?
A product is anything that can be offered to a market, satisfying needs.
Types of market segmentation.
Geographic, Demographic, Psychographic, Socioeconomic,
Business activity
Planning, Organizing, Staffing, Directing, Controlling
Supply, Demand, Equilibrium, and Elasticity
