Question 1

All of the following are internal factors which might affect your sales, except:

Accepted Answer

A)   the distribution channels you decide to use
B)   level of your promotional effort
C)   fashion trends and cycles
D)   your ability to manage inventory levels effectivelyE) None of the above
F) B) and C)

Question 2

Using cost-based pricing, what is the percentage markup on an item costing $1.00 and selling for $5.00?

Accepted Answer

A)   25%
B)   45%
C)   55%
D)   80%E) C) and D)
F) A) and D)

Question 3

Which part of the feasibility study contains information about the nature of your competition?

Accepted Answer

A)   Marketing plan
B)   Technical feasibility
C)   Market assessment
D)   Profit assessmentE) A) and B)
F) All of the above

Question 4

In the model for small business growth, the key issue in the survival Chapter is:

Accepted Answer

A)   Obtaining customers
B)   Increasing competition
C)   Expansion into new products or markets
D)   Finding growth opportunitiesE) A) and C)
F) None of the above

Question 5

Perhaps the best way to get the most current and useful information regarding your potential market is through:

Accepted Answer

A)   Primary data
B)   Secondary data
C)   Trade publications
D)   Statistics CanadaE) All of the above
F) C) and D)

Exam 3: Market Feasibility Study

Using cost-based pricing, what is the percentage markup on an item costing $1.00 and selling for $5.00?

Correct Answer
verified

Perhaps the best way to get the most current and useful information regarding your potential market is through:

Correct Answer
verified

All of the following are internal factors which might affect your sales, except:

Correct Answer
verified

Which part of the feasibility study contains information about the nature of your competition?

Correct Answer
verified

In the model for small business growth, the key issue in the survival Chapter is:

Correct Answer
verified

Exam 3: Market Feasibility Study

Using cost-based pricing, what is the percentage markup on an item costing $1.00 and selling for $5.00?

Correct AnswerverifiedShow Answer

Perhaps the best way to get the most current and useful information regarding your potential market is through:

Correct AnswerverifiedShow Answer

All of the following are internal factors which might affect your sales, except:

Correct AnswerverifiedShow Answer

Which part of the feasibility study contains information about the nature of your competition?

Correct AnswerverifiedShow Answer

In the model for small business growth, the key issue in the survival Chapter is:

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified