ESB Domain 3: Production & Distribution

ESB Domain 3: Production & Distribution

11th Grade

48 Qs

quiz-placeholder

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ESB Domain 3: Production & Distribution

ESB Domain 3: Production & Distribution

Assessment

Quiz

Business

11th Grade

Practice Problem

Medium

Created by

Christie Milam

Used 22+ times

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48 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is achieved when sales volume is high and continues to grow?

Product/market fit

Market saturation

Brand loyalty

Customer satisfaction

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which stage involves developing a concept for a product or service?

Prototype stage

Idea stage

Launch stage

Growth stage

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is created during the Prototype stage?

Business plan

Marketing strategy

Minimum Viable Product (MVP)

Revenue model

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

At which stage do sales gain momentum and growth begins?

Launch stage

Traction stage

Monetization stage

Growth stage

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

During which stage does a business start to earn revenue?

Idea stage

Prototype stage

Monetization stage

Traction stage

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is quality measured by according to the provided definition?

The price of the product or service

The popularity of the product or service

How well the product or service serves its user's purpose

The brand name of the product or service

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to ISO, what does the totality of features and characteristics of a product or service affect?

Its market value

Its ability to satisfy stated or implied needs

Its environmental impact

Its production cost

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