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100
What rule for serving bread should food handlers practice?
Do not re-serve uneaten bread
100
Jessica asks many questions and conducts research when attempting to solve problems related to her business. What personal characteristic does this represent?
Inquisitiveness
100
What is the process used to test a business idea or concept?
Feasibility analysis
100
Which state agency provides businesses with information regarding employer responsibilities in relation to unemployment insurance?
State Department of Labor
100
. If the Foods II class lost money on their project but all products were sold, what should be evaluated?
Financials
200
How many hours can cold food be held without refrigeration before it must be sold, served, or thrown out?
6 hours
200
Which is a major advantage to buying a franchise?
Management training and technical assistance provided
200
What is net income to a business?
Profit
200
Which organization has as its purpose the stimulation of local economic growth?
Chamber of Commerce
200
When seeking a loan, an entrepreneur who has capacity:
Demonstrates the ability to repay the debt.
300
Which of these food processes does not require a variance from a regulatory authority?
Buying bean sprouts from a reputable supplier
300
Who are the people most likely to buy a specific product or service?
Target customers
300
What is NOT used to construct a cash flow statement?
Inventory
300
Who should the purchasing manager contact if there is something wrong with a shipment or an invoice?
Vendor
300
The Cooper Company decided to sell stock to raise capital. Under which form of business organization does the company operate?
Corporation
400
What scenario can lead to pest infestation?
Storing recyclables in paper bags
400
Of the major factors contributing to the success of a small business, which one is affected by the lack of working capital?
Financing
400
Using a 100% markup and taking off one cent to give the impression of bargain prices, what is the RETAIL price of an item whose wholesale cost is $20.00?
39.99
400
What step BEST describes the development of a marketing strategy?
Marketing mix
400
Why is sole proprietorship the most common form of business ownership?
The government assumes little control over sole proprietorships.
500
What is the first step of cleaning and sanitizing stationary equipment?
Unplug the unit
500
There are no coffee shops on Hatteras Island. Mike thinks that a coffee/bagel shop would have commercial value. His idea is considered a/n:
Opportunity.
500
Product standards are developed to benefit the:
Consumer.
500
The federal agency which provides assistance and advice on how small businesses can increase revenues and profits is the:
SBA
500
Advertising and promotion expenses for an ongoing business are:
Variable costs.