EXP 9 - LONG QUIZ

EXP 9 - LONG QUIZ

University

30 Qs

quiz-placeholder

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EXP 9 - LONG QUIZ

EXP 9 - LONG QUIZ

Assessment

Quiz

Education

University

Easy

Created by

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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