WorksheetsProduct or Service Quiz
Total questions: 15
Worksheet time: 8mins
Is "Cake pops" a product or a service?
Product
Service
Both
Neither
Is "Dog Walker" a product or a service?
Product
Service
Both
Neither
Is "Car washing" a product or a service?
Product
Service
Both
Neither
Is "Lawn mowing" a product or a service?
Product
Service
Both
Neither
Is "T-shirt making" a product or a service?
Product
Service
Both
Neither
Is "Dog treats" a product or a service?
Product
Service
Both
Neither
Is "Babysitting" a product or a service?
Product
Service
Both
Neither
What is one example of a product from the list?
Dog Walker
Lawn mowing
Bath bombs
Babysitting
Which of the following is not a service?
Dog Walker
Car washing
Key chains
Lawn mowing
Which of the following is not a product?
Cake pops
Dog treats
Lawn mowing
T-shirt making
The process Noah used to better compete with similar companies is known as...
Target customers
Building a business model
Competitive positioning
Lifetime licensing
The value or benefit you are proposing your customers will receive by using your product or service is known as...
Competitive analysis
Customer feedback
Value proposition
Business model
Pricing, quality of the product or service, customer experience, timeliness, guarantees, features and capabilities, the brand, and the business’ story are all ways an entrepreneur can...
Create a business model
Differentiate a business from its competitors
Pay taxes
Understanding target customers
Vetting your business idea as an entrepreneur involves...
Determining value proposition
Deciding your target customers
Conducting competitive analysis
All of the above
Lifetime licenses, one-time purchases, repeat purchases, membership, and subscriptions are all ways an entrepreneur can
Get paid
Collect customer feedback
Vet their business
Determine the type of business to start
