Question 1

What will it cost to produce the product/service and make it ready for sale. In other words, how big are the .………?

Accepted Answer

The answer of What will it cost to produce the...

Question 2

If one increases the gross margin:

Accepted Answer

A)  the break-even point lowers 
B)  the break-even point increases 
A)  the break-even point lowers 
B)  the break-even point increases

Question 3

One can increase the gross margin by:

Accepted Answer

A)  pressing the prices paid to suppliers 
B)  raising fixed costs 
C)  raising the prices paid to suppliers 
D)  raising prices 
E)  lowering prices
F) selling more
G) lowering fixed costs
H)lowering operating costs 
A)  pressing the prices paid to suppliers 
B)  raising fixed costs 
C)  raising the prices paid to suppliers 
D)  raising prices 
E)  lowering prices
F) selling more
G) lowering fixed costs
H)lowering operating costs

Question 4

Growth requires capital, and capital requires compensation. Compensation, in turn, requires money on one's account, the source of which is profits, in order that control of the company doesn't pass from its founders to the financiers.

Accepted Answer

A) True 
 B)False

Question 5

The book addresses a number of fundamental questions around liquidity and profitability. One difference is the way in which they approach various aspects of time - short-term vs. long-term. Which of these prioritizes the short-term?

Accepted Answer

A)  Liquidity 
B)  Profitability 
A)  Liquidity 
B)  Profitability

Question 6

Decisions in the upper part of the BMC about quality, prices, service, terms of delivery, inventory, terms of payment, returns policy, discounts, marketing, etc. are translated into money in and money out in liquidity planning.

Accepted Answer

A) True 
 B)False

What will it cost to produce the product/service and make it ready for sale. In other words, how big are the .………?

If one increases the gross margin:

One can increase the gross margin by:

Growth requires capital, and capital requires compensation. Compensation, in turn, requires money on one's account, the source of which is profits, in order that control of the company doesn't pass from its founders to the financiers.

The book addresses a number of fundamental questions around liquidity and profitability. One difference is the way in which they approach various aspects of time - short-term vs. long-term. Which of these prioritizes the short-term?

Decisions in the upper part of the BMC about quality, prices, service, terms of delivery, inventory, terms of payment, returns policy, discounts, marketing, etc. are translated into money in and money out in liquidity planning.

The Rise, Fall and Return of the Entrepreneur

Environment

People

Opportunity

The Process

The Business Model

Filters

Exam 7: The Business Models Financial Abcs

What will it cost to produce the product/service and make it ready for sale. In other words, how big are the .………?

If one increases the gross margin:

One can increase the gross margin by:

Growth requires capital, and capital requires compensation. Compensation, in turn, requires money on one's account, the source of which is profits, in order that control of the company doesn't pass from its founders to the financiers.

The book addresses a number of fundamental questions around liquidity and profitability. One difference is the way in which they approach various aspects of time - short-term vs. long-term. Which of these prioritizes the short-term?

Decisions in the upper part of the BMC about quality, prices, service, terms of delivery, inventory, terms of payment, returns policy, discounts, marketing, etc. are translated into money in and money out in liquidity planning.

The Rise, Fall and Return of the Entrepreneur

Environment

People

Opportunity

The Process

The Business Model

Filters