Recent questions tagged enterprise

Description : To figure the Net Profit: A. Add up the ticket sales from selling day. B. Add up the ticket sales from selling day and subtract the cost of the ingredients. C. Add up cost to produc3 the product and subtract the total sales. D. Add the cost to produce the product and add the total sales.

Last Answer : A. Add up the ticket sales from selling day.

Description : To figure the Gross Profit: A. Add up the ticket sales from selling day. B. Add up the ticket sales from selling day and subtract the cost of the ingredients. C. Add up cost to produce the product and subtract the total sales. D. Add the cost to produce the product and add the total sales.

Last Answer : B. Add up the ticket sales from selling day and subtract the cost of the ingredients.

Description : Net profit is the: A. Amount of money you get for profit lab. B. Amount of money collected from selling products. C. Amount of money your product costs to produce. D. Has nothing to do with money.

Last Answer : B. Amount of money collected from selling products.

Description : Gross profit is the A. Amount of money you get for profit lab. B. Amount of money collected from selling products. C. Amount of money your product costs to produce. D. Has nothing to do with money.

Last Answer : A. Amount of money you get for profit lab.

Description : If a customer’s bill totals $.65 and the customer gives you $1.00, the correct amount of change (according to our worksheet) would be: A. 3 dimes and 1 nickel. B. 5 pennies and 3 dimes. C. 1 quarter and 1 dime. D. 1 quarter and 2 nickels.

Last Answer : C. 1 quarter and 1 dime.

Description : When counting change back to a customer, you should always give the ____________ amount of coins possible. A. best. B. least. C. most. D. correct.

Last Answer : B. least.

Description : Marcy ordered one cheeseburger, a large fry, a milkshake for herself and one for a friend. How much does she owe? A. $3.75. B. $2.90. C. $4.25. D. $4.00.

Last Answer : D. $4.00.

Description : The bus driver ordered 2 hot dogs, a small fry, and a milkshake. A. $3.00. B. $3.15. C. $3.20. D. $3.25.

Last Answer : D. $3.25.

Description : 10 people ordered 1 hamburger with lettuce, tomato, onion, and a small drink. A. $1.85. B. $1.80. C. $18.50. D. $18.00.

Last Answer : C. $18.50.

Description : What things could you change to adjust your profit? A. Price. B. Number. C. Less expensive supply sources. D. All of the above.

Last Answer : D. All of the above.

Description : What makes a good advertisement? (Choose the best combination) A. Color, Attracts attention, ingredients in product. B. Name of product, price, location, attractive. C. Easy to read, price, color, ... should buy it. D. Nutritional information, price, color, where to buy it, easy to read.

Last Answer : B. Name of product, price, location, attractive.

Description : Cost per serving means: A. How much it will cost to produce one recipe. B. How much it will cost to produce what you sell in one day. C. How much it will cost to make “One.” D. How much it will cost to make one batch.

Last Answer : C. How much it will cost to make “One.”

Description : Product planning tells you: A. Where you will produce your product. B. Cost to produce your product. C. Your Net profit. D. Total revenues.

Last Answer : B. Cost to produce your product.

Description : Making a purchase you had not planned is called: A. Consumer shopping. B. A warranty. C. Impulse buying. D. Comparison shopping.

Last Answer : C. Impulse buying.

Description : A market survey is important because it tells you: A. How many & what types of people are shopping at a store. B. Tells you what the customer will buy. C. Tells you how much the customer will pay for the product. D. All of the above.

Last Answer : D. All of the above.

Description : Quality Control is defined as: A. Controlling the cost of the product. B. Controlling the number of pieces produced. C. Producing & monitoring products so they are acceptable to the consumer. D. Producing & monitoring products so they are acceptable to the workers.

Last Answer : C. Producing & monitoring products so they are acceptable to the consumer.

Description : The following are included in a business plan A. Financial information, production plans, personnel policies. B. Goals of the business and how they will be achieved. C. A step by step plan for the success of your business. D. All of the above.

Last Answer : C. A step by step plan for the success of your business.

Description : Capital is: A. Money available to invest. B. Prohibitive cost of entry. C. A guarantee that a company will be successful. D. A & B.

Last Answer : A

Description : Define Free Enterprise: A. A business taking a risk to make a profit. B. A program administered by the Government. C. People in business trying to make a profit. D. A business adventure or undertaking.

Last Answer : A. A business taking a risk to make a profit.

Description : What is an entrepreneur? A. Someone who invests time and money to start a business. B. Someone who makes a lot of money. C. Someone who takes a risk to make a profit. D. Both A & C.

Last Answer : D. Both A & C.

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