Business Layout and Profitability Quiz

This subject focuses on the essential concepts and principles of Entrepreneurship.

This specific course material is required for students in the Technical Vocational Education (SPTVE) program, specifically those in grade 9.

These worksheets guide students through the learning process of entrepreneurship.

This unit covers the legal aspects of starting a business, including the rules and requirements.

A series of questions that test a student's understanding before a new topic is introduced.

A learning resource that provides detailed information about a specific topic.

These are questions designed to assess understanding of the concepts presented in an Info Sheet.

Practice exercises that apply the learned concepts related to a specific lesson.

This unit focuses on understanding and analyzing the financial health of a business.

This unit guides students in the creation of a comprehensive business plan, outlining all aspects of the business.

The total amount of money needed to complete a project, including both the direct costs, like materials and labor, and indirect costs, like overhead and administrative expenses.

An amount of money needed to pay for a good or service. It is the sum of fixed and variable costs.

The ability of a business to generate profits and cover its expenses. It's a measure of how well a business is performing financially.

The share of the total cost of a project that each investor contributes. It's often expressed as a percentage.

The way a business is arranged to optimize efficiency, flow, and safety.

Ensuring enough room is available for people, equipment, and materials to move around without bumping into each other.

Satisfying the production requirements of the business by having enough resources and space.

Making sure people, goods, and materials move smoothly through the business without bottlenecks.

Handling materials safely and efficiently to prevent damage or delays.

Protecting workers and others from accidents and hazards.

The visual appeal of a business can influence customers.

Factors that influence decisions about where things are placed in a business.

The overall reason for creating the estimate, including the level of detail needed, who will use it, and the overall scope of the project.

Costs that remain constant regardless of how much a business produces or sells. Examples include rent, salaries, and insurance.

Costs that change based on the level of production or sales. Examples include raw materials, labor, and utilities.

The amount of money a business receives from selling goods or services. This includes fees, profits, and all other revenue sources.

The process of collecting and analyzing data to estimate the costs of a project. It involves identifying tasks, estimating resources, and considering potential risks.

The total amount of money needed to complete a project. This includes all fixed costs, variable costs, and potential unforeseen expenses.

The difference between the total revenue and total costs. A positive profit means the business is making money.

A plan that outlines how the cost estimation process will be conducted, including the methods, assumptions, and timeline.

The money a business earns after deducting all costs related to producing and selling its products.

The revenue generated from a job must be enough to cover the costs associated with that job.

The ability of a business to make a profit by generating enough revenue to cover all expenses.

Expenses are the costs incurred by a business while operating, such as salaries, rent, and utilities.

Income is generated from the core activities of a business, such as selling products or services.

A goal that is realistic and achievable given available resources and time.

A goal with a clearly defined start and end date so there is a sense of urgency.

A method of collecting information from a sample of people to generalize the results to a larger group.

A type of survey where a researcher directly interacts with respondents, asking questions face-to-face.

A type of survey where a researcher contacts respondents over the phone to ask questions.

A type of survey where respondents complete a paper questionnaire independently.

A type of survey where respondents complete a questionnaire online using a computer or mobile device.

A collection of written questions designed to gather information from respondents.