Worksheets8th Business Review Workshop 4th period 2025
Total questions: 15
Worksheet time: 3hrs 33mins
A mission statement defines an organization's purpose, outlining what it does, who it serves, and how it achieves its goals. It's a concise explanation of a company's reason for existing, serving as a guiding principle for employees and stakeholders.
true
False
a vision is a short-term, aspirational profit that outlines what a company wants to become and achieve in the future. It provides a sense of purpose and direction for the company and its employees, guiding them toward a specific, desired future state.
True
False
What is profit?
In a small town, a group of young entrepreneurs decides to open a gourmet burger stand at a local fair. With an initial investment of 2,000,000 Colombian pesos, they buy the fresh, high-quality ingredients needed to prepare the burgers. Their goal is to sell 300 burgers during the one-day event. Desired Margin: 47%
a. Calculate the production cost per burger using the formula
b. Calculate the selling price per burger using the formula
How much money would be collected if they sell the 300 burgers?
How much would the profit be after recovering the investment?
What would be considered an opportunity in a SWOT analysis of an entrepreneurship?
Lack of access to capital.
Development of new technologies.
Negative changes in consumer preferences.
Negative changes in consumer preferences.
Why is the commercial important?
What is the correct definition of a slogan in branding?
The set of colors used to identify a brand.
A graphic symbol or icon that visually represents a brand.
A fictional character used in advertising campaigns.
A short and memorable slogan used to promote a brand.
Why is advertising important in marketing?
What is digital marketing? Mention at least 3 tools or platforms used in digital marketing
Explain how social media helps companies sell more products
What are the “4 Ps of Marketing”? Explain each one:
Product
Price
Place
Promotion
Explain the difference between a need and a want in marketing
Let’s suppose you have created a new product which you’re going to fix the Price before to be launched.
1. The unit variable cost of the product is $12,500
2. The percentage expected to be profitable is 45%,
Calculate the final Price by applying the 2 methods. Gross Method and Contribution method
