Key Insights from Key West Key Lime Pie Co.

Key Insights from Key West Key Lime Pie Co.

Assessment

Interactive Video

Business

11th Grade

Hard

Created by

Ethan Morris

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the Key West Key Lime Pie Company known for?

Beachfront properties

Luxury spa services

Seafood cuisine

Award-winning desserts

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What major issue is the owner of the company facing?

Lack of creativity

Understaffing

Micromanagement

Overexpansion

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was Marcus's initial offer to the Key West Key Lime Pie Company?

$200,000 for 75% equity

$1 million for 25% equity

$450,000 for 51% equity

$500,000 for 49% equity

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What condition did Marcus set for his investment?

Closing all retail stores

Creating a proprietary recipe

Firing half of the staff

Rebranding the company

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did the company decide to improve its pie crust?

Making it fresh in-house

Using a cheaper ingredient

Discontinuing the crust

Outsourcing production

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What significant change was made to the employee's compensation?

Reduced working hours

Stock options

Increased salary

Flexible work location

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the outcome of the business transformation?

Increased national recognition

Partnership with a major retailer

A more focused product line

Expansion into new markets

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