Question: Question 1 : What is the basic description of sales? a ) Large pieces of cloth that propel a boat through the water b )

Question 1: What is the basic description of "sales"? a) Large pieces of cloth that propel a boat through the water b) Goods and services that people have bought from you c) Starting a business d) Goods and services that you have bought
Question 2: What is successful marketing? Tick all that apply. a) Ildentifying your target market b) Waiting for customers to come to you c) Talking to customers d) Advertising your wares
Question 3: When times are bad for your local business, what should you consider doing? Tick all that apply. a) Combine services b) Increase staff c) Target your advertising d) Place advertisements in the national papers e) Buy more expensive products to increase the margin f) Reduce staff
Question 4: What do you need to start your business? Tick all that apply. a) Capital to cover three years trading b) An overdraft c) A product that people desire d) Money to start the business
Question 5: How much time each week should you be prepared to put into your business? a)37.5 hours b) Weekdays only c)50 hours d) Whatever it takes
Question 6: Who should you go to for advice about making your business a success? a) Bank manager b) Your friends and associates c) Your potential customers d) All of the above
Question 7: From the Case Study, which of the following statements make it unlikely that Sam will be a success? Tick all that apply. a) He is fed up with his work as an accountant b) He can come and go as he pleases c) He dreams of starting his own business d) He does not like the people he works with e) He hates working three Saturdays a month f) He is tired of arguing points with his boss
Question 8: From the Case Study, what are Sam's strengths? Tick all that apply. a) He doesn't like working weekends b) His credit is good c) They have recently bought a new car d) He lives in a suburban town e) He has enough savings He is 0 model plane enthusiast f
Question 9: From the Case Study, what behaviours will Sam have to change to be successful? a) Working as an accountant b) His ability to work with people c) Doing custom work for customers d) Living in a suburban town e) Paying his mortgage f) The times he is prepared to work
Question 10: From the Case Study, what effect could Sam's wife have on the business? a) His wife can help with the marketing b) She can run the store during Sam's weekends off c) She can do the book-keeping d) They can share the school run e) Her concerns mean that Sam does not have her full support f She can run the store during Sam's lunch break

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