Business Model Stage Quiz

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Questions and Answers

What does a geographic indication serve as for a product?

  • An indication of product popularity
  • A guarantee of quality (correct)
  • A marketing gimmick
  • A way to confuse consumers

What is the main goal of the start-up phase in business?

  • Maximizing profit from the beginning
  • Harvesting value already generated
  • Ensuring adaptability to changes (correct)
  • Focusing on business growth immediately

When does the growth phase of a venture typically end?

  • When all value has been harvested
  • When the entrepreneur struggles for survival
  • When emphasis shifts to business growth (correct)
  • When the venture's stability is achieved

In the start-up phase, what is crucial for establishing an adequate cash flow?

<p>Making the needed sales (A)</p>
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What is a key consideration in the start-up phase regarding leadership and management?

<p>Implementing appropriate strategies (D)</p>
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Why is a specific geographical location important for products with geographic indications?

<p>It ensures top-quality production (D)</p>
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What is the primary purpose of human resource planning?

<p>To determine the optimal number and skills of employees needed to achieve organizational goals (B)</p>
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Which of the following is NOT a component of human resource planning?

<p>Evaluating the performance of current employees (B)</p>
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What is another term used to refer to human resource planning?

<p>Manpower planning (A)</p>
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Which of the following costs is NOT typically considered in human resource planning?

<p>Employee training and development (C)</p>
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What is the primary goal of human resource planning, according to the text?

<p>To enable the company to achieve its goals and objectives (A)</p>
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Which of the following statements about human resource planning is TRUE?

<p>It involves analyzing human resource needs under changing conditions (D)</p>
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What is the typical range of seed funding (seed capital) provided by angel investors?

<p>₱100,000 - ₱500,000 (A)</p>
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What is the primary goal of Series A funding?

<p>To fund the initial product development and marketing efforts (C)</p>
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Which of the following statements about Series B funding is true?

<p>It ranges from ₱5M to ₱20M. (A)</p>
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What is the primary purpose of later-stage investments (Series C, D, etc.)?

<p>To fund the company's growth and expansion (D)</p>
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What type of investors typically provide mezzanine financing?

<p>Private equity companies (A)</p>
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What is the primary purpose of mezzanine financing?

<p>To prepare the company for an initial public offering (IPO) (A)</p>
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Which stage involves drafting the initial business plan?

<p>Initial Business Plan Draft Stage (C)</p>
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In the context of hosting a party, what does the Business Model Stage involve?

<p>Constructing a menu and selecting decorations, music, and costume themes (D)</p>
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Which stage involves getting everything started for the party?

<p>Making Business Plan Realistic Stage (D)</p>
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What are the two possible feedback loops in the Making Business Plan Realistic stage?

<p>Back to the Initial Business Plan Draft stage or back to the Business Model stage (A)</p>
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What is the purpose of the Making a Plan to Appeal to Stakeholders Stage?

<p>To present the business plan to stakeholders (C)</p>
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Which of the following is NOT a consideration when determining the physical location and size of a facility?

<p>Proximity to competitors' facilities (C)</p>
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What is integrated during the Initial Business Plan Draft Stage?

<p>The operations, human resources, marketing, and financial plans (A)</p>
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What does the text suggest should be considered regarding the layout of the facility?

<p>The layout should accommodate customer and employee requirements (B)</p>
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Which of the following is NOT mentioned as a potential constraint that may restrict a company's capacity to produce and sell its product?

<p>Insufficient marketing efforts (B)</p>
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What does the text suggest should be outlined in the operations timeline?

<p>Milestone events like registering the business and purchasing equipment (D)</p>
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What should be considered when determining the workflow plan for a company's operations?

<p>The work that will be outsourced to third-party vendors (C)</p>
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Which of the following is NOT mentioned in the text as a factor to consider when determining facility requirements?

<p>Environmental impact and sustainability (A)</p>
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