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Cash Cows Lesson 14

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

1. What does the idiom "balance the books" mean?

a)

A) To count the money in your piggy bank

b)

B) To double-check your calculations and make sure everything adds up correctly

c)

C) To create a prospect list

d)

D) To make a short elevator speech

2.

2. What is a "cash cow"?

a)

A) A cow that produces a lot of milk

b)

B) Something that brings in money or profits over a long period of time

c)

C) A list of potential customers

d)

D) A and B

3.

3. Why did Lily and David need to make a prospect list?

a)

A) To count the money in their piggy bank

b)

B) To double-check their calculations

c)

C) To find potential customers for their coffee business

d)

D) To create a short elevator speech

4.

4. Who could be potential customers according to Lily and David's parents?

a)

A) Family, friends, and neighbors

b)

B) Classmates and their parents

c)

C) Grandparents and best friends

d)

D) All of the above

5.

5. What headings did Lily and David use for their prospect list?

a)

A) Name, Surname, Mobile Number, Email, and Number of bags

b)

B) Name, Surname, Address, and Date of Birth

c)

C) Name, Age, Phone Number, and Email

d)

D) Name, Occupation, and Hobbies

6.

6. What did Lily and David realize as they filled in the information on their prospect list?

a)

A) They had a lot of potential customers

b)

B) Their calculations didn't add up correctly

c)

C) They needed to create an elevator speech

d)

D) They needed to count the money in their piggy bank

7.

7. What is an elevator speech?

a)

A) A quick and catchy way to tell people about a business

b)

B) A list of potential customers

c)

C) A speech given in an elevator

d)

D) A way to balance the books

8.

8. What did Lily and David need to have before they started calling everyone on their prospect list?

a)

A) A good introduction

b)

B) A piggy bank

c)

C) A cash cow

d)

D) A calculator

9.

9. What were Lily and David confident about after creating their prospect list and elevator speech?

a)

A) They could find customers for their coffee

b)

B) They could count the money in their piggy bank

c)

C) They could create a cash cow

d)

D) They could balance the books

10.

10. What were Lily and David excited about?

a)

A) Selling their coffee and making money

b)

B) Finding customers for their coffee

c)

C) Creating a prospect list

d)

D) Balancing the books