30 Questions
What does a geographic indication serve as for a product?
A guarantee of quality
What is the main goal of the start-up phase in business?
Ensuring adaptability to changes
When does the growth phase of a venture typically end?
When emphasis shifts to business growth
In the start-up phase, what is crucial for establishing an adequate cash flow?
Making the needed sales
What is a key consideration in the start-up phase regarding leadership and management?
Implementing appropriate strategies
Why is a specific geographical location important for products with geographic indications?
It ensures top-quality production
What is the primary purpose of human resource planning?
To determine the optimal number and skills of employees needed to achieve organizational goals
Which of the following is NOT a component of human resource planning?
Evaluating the performance of current employees
What is another term used to refer to human resource planning?
Manpower planning
Which of the following costs is NOT typically considered in human resource planning?
Employee training and development
What is the primary goal of human resource planning, according to the text?
To enable the company to achieve its goals and objectives
Which of the following statements about human resource planning is TRUE?
It involves analyzing human resource needs under changing conditions
What is the typical range of seed funding (seed capital) provided by angel investors?
₱100,000 - ₱500,000
What is the primary goal of Series A funding?
To fund the initial product development and marketing efforts
Which of the following statements about Series B funding is true?
It ranges from ₱5M to ₱20M.
What is the primary purpose of later-stage investments (Series C, D, etc.)?
To fund the company's growth and expansion
What type of investors typically provide mezzanine financing?
Private equity companies
What is the primary purpose of mezzanine financing?
To prepare the company for an initial public offering (IPO)
Which stage involves drafting the initial business plan?
Initial Business Plan Draft Stage
In the context of hosting a party, what does the Business Model Stage involve?
Constructing a menu and selecting decorations, music, and costume themes
Which stage involves getting everything started for the party?
Making Business Plan Realistic Stage
What are the two possible feedback loops in the Making Business Plan Realistic stage?
Back to the Initial Business Plan Draft stage or back to the Business Model stage
What is the purpose of the Making a Plan to Appeal to Stakeholders Stage?
To present the business plan to stakeholders
Which of the following is NOT a consideration when determining the physical location and size of a facility?
Proximity to competitors' facilities
What is integrated during the Initial Business Plan Draft Stage?
The operations, human resources, marketing, and financial plans
What does the text suggest should be considered regarding the layout of the facility?
The layout should accommodate customer and employee requirements
Which of the following is NOT mentioned as a potential constraint that may restrict a company's capacity to produce and sell its product?
Insufficient marketing efforts
What does the text suggest should be outlined in the operations timeline?
Milestone events like registering the business and purchasing equipment
What should be considered when determining the workflow plan for a company's operations?
The work that will be outsourced to third-party vendors
Which of the following is NOT mentioned in the text as a factor to consider when determining facility requirements?
Environmental impact and sustainability
Test your knowledge on business models and the importance of a realistic business plan in ensuring success. Explore the elements that influence the success of a party hosting business model.
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