
EXP 9 - LONG QUIZ

Quiz
•
Education
•
University
•
Easy
Ness Gel Dela Cruz
Used 1+ times
FREE Resource
30 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Liza is planning to launch a custom-made school uniform business. What should she evaluate to determine if there is enough demand in her area?
The number of clothing stores nearby
Local school policies and student population
Availability of cloth materials
Competitors’ pricing
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
You surveyed students and found that 80% prefer personalized uniforms. What does this information help you assess?
Competition
Profit Margin
Market Potential
Production Cost
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
You discovered there are 5 tailoring shops in your municipality. What is the best next step to assess competition?
Buy from each shop
Ignore them and proceed
Research their strengths, weaknesses, pricing, and customer base
Lower your prices immediately
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A local town has 500 people needing tailoring services. If Ana expects to serve 50 customers per month, what is her estimated market share?
5%
10%
15%
20%
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Maria wants to use new fabric-cutting technology. She needs to assess if her current workspace and staff can operate the equipment. What is this process called?
Market Research
Budgeting
Technology Assessment
Branding
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Carla is calculating how much she needs to start a small-scale dressmaking shop. What should she include in her initial investment estimate?
Daily profits
Competitors' sales
Equipment, materials, rent, and licenses
Uniform design trends
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
John has ₱10,000 as capital. He plans to offer mending services from home. Which of the following will help him determine if the business can be sustained for 1 month?
Fashion trends in the city
Daily expenses and operating costs
Type of clients in the area
Online reviews of competitors
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