Bizcafe Stimulation Quiz #1

Funds for starting up your business are coming from: A. $25,000 loan B. $25,000 grant C. $10,000 investment & a $15,000 loan D. none of the above

A. $25,000 loan

Offering 2-for-1 coupons is effectively the same as offering customers coffee at half price? A. True B. False

A. True

Rent is $2000 and due the 1st each month? A. True B. False

A. True

Servers work approximately 10 hours each week. A. True B. False

A. True

Approximately how many medium cups of coffee will one pound of coffee beans make? A. 12 B. 32 C. 56

B. 32

Deposits are made into your checking account once each week. A. True B. False

B. False

If you do not hire servers they will be hired automatically. A. True B. False

B. False

Which of the following is a "start up" decision which you might not be able to change? A. advertising & promotion B. furniture & equipment C. product pricing D. wages & new hires

B. furniture & equipment

If advertising on the radio costs $40 per spot and you run 5 spots per day, your weekly cost for radio advertising will be: A. $40 B. $200 C. $1,400 D. $3,000

C. $1,400

The high capacity espresso maker versus the standard maker has the potential of increasing your cups served by what percent? A. 30% B. 60% C. 100% D. 160%

D. 160%