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- 1. Multiple Choice
Lemori wanted to put up a business in their small community. Which is the BEST way to start her plan?
Make a teaser or an advertisement.
Identify neighbors that are rich and luxurious.
Conduct a survey to identify potential customers.
Put up a business that can compete to his neighbor’s business.
- 2. Multiple Choice
Jannine wants to make a simple product. What is her first step or guide in making simple product?
Advertise your product
Create the product
Decide what materials to use.
Design your product
- 3. Multiple Choice
After deciding what materials to use to produce a simple product, what are you going to do NEXT?
Advertise your product
Create the product.
Decide what materials to use.
Design your product.
- 4. Multiple Choice
Keeping safe while working is very important, which of the following should NOT be practiced?
Have the right tools and materials needed before starting to work.
. Keep utensils dirty to prevent food contamination
Take the proper precautions when using tools, and never take shortcuts.
Wear an apron and wash your hands before starting to work. Always maintain good hygiene.
- 5. Multiple Choice
This refers to the part of the price that covers the product. It is the amount paid for the merchandise
Capital or Cost of product
Gross Sales
Labor cost
Net Profit
- 6. Multiple Choice
Ben gained 20.00 from his sold simple product amounting to 100.00. How will you compute for the mark-up price?
Get the 20% of the total cost of the product.
Get the 20% of the total operating expenses
Get the 20% of the total cost of product plus total operating expenses
Get the 20% of the selling price
- 7. Multiple Choice
Angel collected plastic bottles for his TLE project. What simple product will she make out of recyclable materials she collected?
Bag
Book Organizer
Door mat
Pencil Holder
- 8. Multiple Choice
It is the value which added to the cost to determine the selling price.
Cost of product
Cost of labor
Mark-up price
Profit
- 9. Multiple Choice
You were able to produce your simple product, how many percent you are going to add for markup price?
15%
20%
25%
30%
- 10. Multiple Choice
What will you consider in producing simple product?
Your mother’s suggestion.
Your hobby or interest
Trending products
Things you don’t have
- 11. Multiple Choice
The store of Santos family is located near Francisco Benitez Elem. School but due to pandemic they cannot sell school supplies. They have decided to produce and designed other simple product, what are they going to do NEXT?
Advertise their product.
Create the product.
Decide what materials to use.
Design their product
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