quiz PKDK

What is a business proposal?

• A business proposal is an informal conversation about business ideas.

• A business proposal is a summary of a company's financial statements.

• A business proposal is a formal document that outlines a plan for a business project.

• A business proposal is a casual email to potential clients.

List the main components of a business proposal.

• 1. Executive Summary, 2. Problem Statement, 3. Proposed Solution, 4. Market Analysis, 5. Implementation Plan, 6. Financial Projections, 7. Conclusion

• Customer Feedback

• Team Structure

• Marketing Strategy

What are the steps to create a business proposal?

• Develop a product prototype

• Create a marketing plan

• Define purpose, research audience, outline structure, write introduction, state problem and solution, highlight benefits, provide budget, conclude, edit.

• Conduct a customer survey

Why is market analysis important in a business proposal?

• Market analysis is important in a business proposal because it provides insights into the target market, competition, and potential demand, helping to validate the business idea and strategy.

• Market analysis is irrelevant if the product is innovative.

• Market analysis focuses solely on financial projections.

• Market analysis is only necessary for large corporations.

How do you identify your competitors?

• Choose a random company and assume they are your competitor.

• Ask your friends for their opinions on competitors.

• Research your industry, use online tools, and analyze competitors' strengths and weaknesses.

• Ignore market trends and focus on your product only.

What factors should be considered in market analysis?

• Market size, target audience, competition, market trends, economic conditions, regulatory environment, customer needs.

• Advertising channels

• Sales team performance

• Product pricing strategies

What makes a packaging design attractive?

• Overly complex graphics that confuse the viewer

• Eye-catching colors, unique shapes, clear branding, and high-quality materials.

• Generic colors that blend in with competitors' products

• Plain packaging with no design elements

How does packaging influence consumer behavior?

• Packaging only influences pricing, not consumer perception.

• Packaging influences consumer behavior by attracting attention, conveying quality, providing information, and creating emotional connections.

• Consumers prefer plain packaging over branded designs.

• Packaging has no effect on consumer choices.

What are the key elements of effective packaging design?

• Marketing strategy, distribution, pricing, promotion

• Cost, durability, color, size

• Material quality, shelf life, weight, texture

• Functionality, aesthetics, branding, sustainability, consumer experience

Describe the production process of a product.

• The production process includes design, sourcing materials, manufacturing, quality control, packaging, and distribution.

• The production process consists of brainstorming and ideation only.

• The production process only involves marketing and sales.

• The production process is solely about customer feedback.