PBMF Demonstration of Learning October 2024 PDF
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Uploaded by ProdigiousWilliamsite6895
Lamar Community College
2024
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Summary
This document is a demonstration of learning assessment for Principles of Business, Marketing, and Finance, taken on October 7, 2024. It includes multiple-choice questions related to business revenue and expense factors. Designed for secondary school students.
Full Transcript
**Demonstration of Learning** **Principles of Business, Marketing, and Finance** **October 7, 2024** Name: \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ Date:\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ +-----------------------------------+---------------------...
**Demonstration of Learning** **Principles of Business, Marketing, and Finance** **October 7, 2024** Name: \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ Date:\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ +-----------------------------------+-----------------------------------+ | LO: SWBT identify factors | | | affecting a business\' revenues | | | and expenses. | | | | | | DOL: Given 5 questions, students | | | will correctly identify factors | | | affecting business revenues and | | | expenses with an accuracy rate of | | | 80%. | | +===================================+===================================+ | 1 | A local coffee shop offers a | | | special promotion to attract new | | | customers. However, their rent | | | remains the same each month, | | | while the cost of coffee beans | | | fluctuates based on demand. | | | | | | **What is an example of a fixed | | | cost in this scenario?** | | | | | | B. The cost of coffee beans | | | | | | C. The amount spent on | | | advertising | | | | | | D. The number of customers served | | | daily | +-----------------------------------+-----------------------------------+ | 2 | A small bakery has noticed an | | | increase in the price of flour, | | | which has affected their overall | | | expenses. They are also | | | considering raising their prices | | | to cover these new costs. | | | | | | **What could be a factor | | | affecting the bakery's revenue?** | | | | | | B. The amount spent on employee | | | salaries | | | | | | C. The price set for their baked | | | goods | | | | | | D. The number of employees | | | working each day | +-----------------------------------+-----------------------------------+ | 3 | **Which of the following are | | | factors affecting the gym's | | | revenues and expenses?** | | | | | | 1.) The cost of marketing | | | | | | 4.) The gym's utility bills | | | | | | A. Revenue B. Expense | | | | | | 2.) The price of membership | | | packages | | | | | | 5.) The number of members joining | | | monthly | | | | | | A. Revenue B. Expense | | | | | | 3.) The amount of time | | | instructors work | +-----------------------------------+-----------------------------------+ +-----------------------------------+-----------------------------------+ | 4 | **Match terms with description:** | | | | | | Terms: Description: | | | | | | 1\. Fixed Costs | | | \_\_\_\_\_\_\_\_\_ A. A cost | | | that changes based on the level | | | of production or sales | | | | | | 2\. Variable Costs | | | \_\_\_\_\_\_\_\_\_ B. The money | | | earned from selling goods or | | | services | | | | | | 3\. Expenses \_\_\_\_\_\_\_\_\_ | | | C. A cost that does not change | | | regardless of production levels | | | | | | 4\. Revenue \_\_\_\_\_\_\_\_\_ | | | D. The total cost incurred by a | | | business in running its | | | operations | +===================================+===================================+ | 5 | A small retail store has noticed | | | that its revenue has decreased | | | over the past few months. Factors | | | such as the season, local | | | competition, and changes in | | | customer preferences may be | | | affecting the store\'s sales. The | | | store is considering several | | | strategies to increase revenue, | | | such as offering discounts, | | | launching a new advertising | | | campaign, or adding new products | | | to its inventory. | | | | | | **Based on the scenario, identify | | | at least two factors that could | | | be affecting the store\'s revenue | | | and explain how the store might | | | address these challenges.** | | | | | | **Sentence Stem:** | | | | | | The store\'s revenue might be | | | affected by\... | | | | | | \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\ | | | _\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ | | | \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\ | | | _\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ | | | \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ | | | \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\ | | | _\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ | | | \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\ | | | _\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ | | | \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ | | | \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\ | | | _\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ | | | \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\ | | | _\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ | | | \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ | | | \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\ | | | _\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ | | | \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\ | | | _\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ | | | \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ | | | \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\ | | | _\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ | | | \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\ | | | _\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ | | | \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ | +-----------------------------------+-----------------------------------+ -------------------------------------------------------- **^©\ Houston\ ISD\ Curriculum\ Design\ 2024-2025^** 2 --------------------------------------------------------