Post -Test

When it comes to hiring new staff, there are ________ essential steps to the process.

True or False: Orientation and onboarding are the same thing.

The three forms of inventory that are common in all businesses include

True or False: Quality control refers to products that are produced perfectly.

The word slogan comes from the Gaelic word sluagh-ghairm, which means

The buying process includes:

The second critical element of customer service is:

There are many parts to a business plan, which create a:

True or False: Business plans are only required if you need investors, loans, or grants for your business.

A thorough business plan includes

How you will approach potential customers about your products and or services is detailed in your

The sales cycle describes the steps to developing relationships and selling to customers. The order of this cycle is:

A variable budget…

The first step in the budgeting process is

Extrapolation is the process of applying past data to the future to arrive at a reasonable projection.

What measurement shows how quickly a company can convert its assets into cash?

When we discuss the marketing cycle for small business, we do so in terms of _________________.

The USP is:

Predictability, reciprocation, consistency, and social evidence are part of:

True or False: As we work our way through the marketing cycle, it is important to remember that we can take a step back to adjust, review, and analyze at any time.