QUESTIONS

SUMMATIVE TEST: A. WRITTEN TASK Directions: Write the letter of your answer on the space provided before each number

1. The sum of mark-up price and capital is the

a. Revenue

b. Selling price

c. Expenses

d. Inventory

2. This refers to the amount of gain earned from a sale of service/product sold.

a. Sale

b. Selling price

c. Expenses

d. Income

3. The ease of selling a product or demand for the product.

a. innovative

c. market trends

b. marketability

d. buy and sell

4. Finished product can be marketed in print advertisements such as newspapers, magazines, brochures, and flyers.

a. Print media

c. internet marketing

b. Product display

d. all of the above

5. The formula for computing business profit is

a. Total income + capital = profit

c. profit=sales-expenses

b. Sales & Expenses = profit

d. total income / capital = profit

6. When preparing a plan for mass production, you have to consider the following question;

I. Is the market for the product an expanding one?

II. Does the product give you an advantage over your competitors, such as in price, function or use?

III. Are the raw materials sufficiently available at a reasonable amount?

c. II and III only

a. I and II only

d. I, II and III

b. I and III only

✅ ANSWER ✅

1. C

2. B

3. D

4. A

5. A

6. D

hope it's help :)

thx ulit sa animé pic