What is the definition of a UVP?
E4 S8 BTP

Quiz
•
World Languages
•
University
•
Hard
Leo Andrews
Used 2+ times
FREE Resource
30 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The legal protection granted to a business idea
The financial goals and objectives of a business
The process of distributing products to customers
The unique benefit or advantage offered by a product or service
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What is the purpose of a balance sheet in a business plan?
To outline the marketing strategies of the business
To project future revenue and expenses
To summarize the financial position of the business at a specific point in time
To determine the target market for the business
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What is the definition of gross profit in financial terms?
The total revenue generated by a business
The total expenses incurred by a business
The profit after deducting all operating expenses
The profit before deducting the cost of goods sold
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What does the term "cash flow" refer to in financial terms?
The revenue generated from sales
The total assets of a business
The movement of money in and out of a business
The expenses incurred by a business
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What is the significance of a break-even analysis in financial planning?
It helps determine the target market for a business
It identifies the competitors in the industry
It calculates the point at which a business becomes profitable
It assesses the operational efficiency of a business
6.
MULTIPLE SELECT QUESTION
20 sec • 1 pt
Which sentences contain an error in the use of comparative adjectives in a business plan context?
Our company offers more competetive prices than our competitors
Our company offers most competetive prices than our competitors
Our company offers very competetive prices than our competitors
Our company offers competetive prices compared to our competitors
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Which question would not be appropriate to ask yourself when preparing the target market section of your marketing plan?
Where do they live?
What are the local and/or national trends in your industry?
Is the market stable, growing or shrinking.?
How much do your competitors charge?
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