2. If a product has a cost price of $50 and the business applies a markup of 50%, the selling price would be
Anonymous Quiz
25%
A) 100
10%
B) $150
59%
C) $75
5%
D) $50
๐ฅ2
3. A retailer chooses his/her markup percentage typically based on
Anonymous Quiz
6%
A) industry norms
11%
B) competition
18%
C) market demand
13%
D) desired profit margins
52%
E) all
โค2๐1
4. Choose the correct one
Anonymous Quiz
20%
A) Profit margin shows profit as it relates to a product's "sales price" or "revenue" generated
15%
B) Markup shows profit as it relates to "costs"
58%
C) All
7%
D) None
๐3๐1
โค2๐2
"I've always felt that if you're not on your side, why should anyone else be. So I always encourage people to be confident, and sometime even a little falsely so, just so you can give yourself an opportunity."
โ Robert Downey, Jr.
#Quoteoftheweek
โ Robert Downey, Jr.
#Quoteoftheweek
โค13๐1
Here's today quiz questions for you ๐ซต๐ผ
Following us on Instagram?
Then, easy peasy lemon squeezy ๐๐บ
3.2.1... โฐ
๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต
๐ฑInstagram ||| TikTok ๐ถ
๐ฐ๐ฐ๐ฐ Newsletter ๐ฐ๐ฐ๐ฐ
๐บ YouTube ||| Twitter ๐ฆ
Following us on Instagram?
Then, easy peasy lemon squeezy ๐๐บ
3.2.1... โฐ
๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต
๐ฑInstagram ||| TikTok ๐ถ
๐ฐ๐ฐ๐ฐ Newsletter ๐ฐ๐ฐ๐ฐ
๐บ YouTube ||| Twitter ๐ฆ
โค1
1. In business, SKU is short for
Anonymous Quiz
6%
A) Singing karaoke uptown
87%
B) Stock keeping unit
6%
C) Smart key unlock
๐2๐ค1๐คฏ1
๐ฅ2๐ค1๐คฏ1
3. SKUs are used for
Anonymous Quiz
32%
A) Inventory management
22%
B) Sales tracking and analysis
46%
C) A and B
๐2โค1
4. Any length character generated by a retailer for internal use
Anonymous Quiz
55%
A) Stock Keeping Unit (SKU)
30%
B) Universal Product Code (UPC)
15%
C) International Article Number (IAN)
๐2๐ฅ1๐คฏ1
5. Each SKU typically corresponds to a specific product variant, such as a different size, color, or model.
Anonymous Quiz
92%
A) True
8%
B) False
โค2
Michael Jordan has become the first professional athlete to join the Forbes 400 with a net worth of $3 billion
Although Jordan earned just $94 million in his 15 NBA seasons, he made billions from brand endorsements and investments over the years. His most recent yearly royalty check from Nike was around $260 million.
In August, Jordan sold his majority stake in the Charlotte Hornets which made him join the Forbes 400 list. Previously, he has involved in businesses such as car dealerships, restaurants, premium tequila brand and, equity investments.
@financialfreedommagazine
Although Jordan earned just $94 million in his 15 NBA seasons, he made billions from brand endorsements and investments over the years. His most recent yearly royalty check from Nike was around $260 million.
In August, Jordan sold his majority stake in the Charlotte Hornets which made him join the Forbes 400 list. Previously, he has involved in businesses such as car dealerships, restaurants, premium tequila brand and, equity investments.
@financialfreedommagazine
๐12๐3
"Everything you want to be, you already are. You're simply on the path of discovering it."
โ Alicia Keys
#Quoteoftheweek
โ Alicia Keys
#Quoteoftheweek
โค8๐ฅ7๐1
Can you ๐ซต๐ผ match the following brands with their relevant faces?
3.2.1... โฐ
๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต
๐ฑInstagram ||| TikTok ๐ถ
๐ฐ๐ฐ๐ฐ Newsletter ๐ฐ๐ฐ๐ฐ
๐บ YouTube ||| Twitter ๐ฆ
3.2.1... โฐ
๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต
๐ฑInstagram ||| TikTok ๐ถ
๐ฐ๐ฐ๐ฐ Newsletter ๐ฐ๐ฐ๐ฐ
๐บ YouTube ||| Twitter ๐ฆ
โค1
๐7๐ค2
๐คฏ5๐2๐ค1
๐3๐ฅ2๐1
โค4๐2๐ค2
๐3๐ฅ2๐1