JA Titan - Shortened Pre-program Student Survey

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1. Please indicate the JA Area you are served by: (Required.)

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2. What are the first three letters of your FIRST name? (Required.)

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3. What are the first three letters of your LAST name? (Required.)

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4. In what MONTH were you born? (Required.)

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5. On what DAY of the month were you born? (Required.)

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6. What is the name of your teacher, volunteer, or instructor? (Required.)

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7. What is the profit equation? (Required.)

Profit equals total costs minus total revenue.

vacation Profit equals total profit margin minus loss.

Profit equals interests plus revenue.

Profit equals total revenue minus total costs.

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8. Why is profit important? (Required.)

A company cannot remain in business if it is not profitable.

Being profitable is essential for offering a future IPO.

Being profitable increases your marketing.

Being profitable leads to innovation.

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9. What is the difference between cost and price? (Required.)

Price is the total amount of money you earn after costs have been accounted for.

Cost is the total amount of money made for selling your product minus price.

Cost is the total amount of money required to make a product; price is the amount charged for the product.

Price is another word for cost.

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10. How can companies use a budget? (Required.)

to monitor income

to track expenses

to monitor cash on hand

all of the above

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11. When overseeing your company's budget, it is important to return to your overall budget after determining the spending for each department in order to _____. (Required.)

understand your total financial situation

reduce your spending

focus on your expenses

increase your spending

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12. When you produce more phones than the market demands, you incur a cost because you now have _______. (Required.)

a profit margin

inventory

a nonstandard deviation

a loss

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13. What is a likely consequence of focusing all of a company's resources into one department? (Required.)

It will require unintended trade-offs from other departments.

It will require higher than average interest rates.

It will require the company to lower the price of its product.

It will require investment in innovation.

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14. You have noticed that new companies are selling the same product as your company and they are taking your market share. What can you do to maintain your profitability? (Required.)

Stay with your current plan, because it has been successful so far.

Take a loan to increase the ratio in your profit margin.

Invest in R&D to discover and develop new product features so that you can to stand out from the competition.

Lower your sales projections to decrease costs.

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15. You have a limited R&D budget, so you don't want to spend money on new features unless your customers will want them. What do you do? (Required.)

decrease production

conduct market research

increase production

remove any limit on R&D spending

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16. Why do companies invest in R&D and marketing? (Required.)

R&D and marketing are required for corporate social responsibility.

All R&D and marketing activities are tax deductible.

R&D and marketing can increase the appeal of the product and might increase market share.

All R&D and marketing activities lead to increased sales projections and profits.

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17. Because the goal of spending money on marketing now is to increase profits later, the money spent on marketing is a(n) _____. (Required.)

investment

innovation

interest

profit margin

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18. When an economic shock occurs that affects a whole industry, a company must _____. (Required.)

evaluate options and make the best decision given the available resources

default to the standard deviation

minimize the rate of the profit margin

evaluate and select the strategy that has worked best in the past

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19. What is one reason companies invest in corporate social responsibility (CSR)? (Required.)

It may make their company and products more appealing to the market and may attract buyers.

It may lead to further innovation, making the products more appealing to the market, and it may attract buyers.

It ensures more income from potential customers.

It guarantees future business relationships with other socially-minded organizations.

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20. When making company decisions in the Production department, the CEO's ultimate goal should be _____. (Required.)

to be profitable

to be innovative

to become a well-known brand

to have high sales projections

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21. Who are the stakeholders in a company? (Required.)

community members

employees

customers

all of the above

JA Titan - Shortened Pre-program Student Survey

Question Title

* 1. Please indicate the JA Area you are served by: (Required.)

Question Title

* 2. What are the first three letters of your FIRST name? (Required.)

Question Title

* 3. What are the first three letters of your LAST name? (Required.)

Question Title

* 4. In what MONTH were you born? (Required.)

Question Title

* 5. On what DAY of the month were you born? (Required.)

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* 6. What is the name of your teacher, volunteer, or instructor? (Required.)

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* 7. What is the profit equation? (Required.)

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* 8. Why is profit important? (Required.)

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* 9. What is the difference between cost and price? (Required.)

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* 10. How can companies use a budget? (Required.)

Question Title

* 11. When overseeing your company's budget, it is important to return to your overall budget after determining the spending for each department in order to _____. (Required.)

Question Title

* 12. When you produce more phones than the market demands, you incur a cost because you now have _______. (Required.)

Question Title

* 13. What is a likely consequence of focusing all of a company's resources into one department? (Required.)

Question Title

* 14. You have noticed that new companies are selling the same product as your company and they are taking your market share. What can you do to maintain your profitability? (Required.)

Question Title

* 15. You have a limited R&D budget, so you don't want to spend money on new features unless your customers will want them. What do you do? (Required.)

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* 16. Why do companies invest in R&D and marketing? (Required.)

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* 17. Because the goal of spending money on marketing now is to increase profits later, the money spent on marketing is a(n) _____. (Required.)

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* 18. When an economic shock occurs that affects a whole industry, a company must _____. (Required.)

Question Title

* 19. What is one reason companies invest in corporate social responsibility (CSR)? (Required.)

Question Title

* 20. When making company decisions in the Production department, the CEO's ultimate goal should be _____. (Required.)

Question Title

* 21. Who are the stakeholders in a company? (Required.)

1. Please indicate the JA Area you are served by: (Required.)

2. What are the first three letters of your FIRST name? (Required.)

3. What are the first three letters of your LAST name? (Required.)

4. In what MONTH were you born? (Required.)

5. On what DAY of the month were you born? (Required.)

6. What is the name of your teacher, volunteer, or instructor? (Required.)

7. What is the profit equation? (Required.)

8. Why is profit important? (Required.)

9. What is the difference between cost and price? (Required.)

10. How can companies use a budget? (Required.)

11. When overseeing your company's budget, it is important to return to your overall budget after determining the spending for each department in order to _____. (Required.)

12. When you produce more phones than the market demands, you incur a cost because you now have _______. (Required.)

13. What is a likely consequence of focusing all of a company's resources into one department? (Required.)

14. You have noticed that new companies are selling the same product as your company and they are taking your market share. What can you do to maintain your profitability? (Required.)

15. You have a limited R&D budget, so you don't want to spend money on new features unless your customers will want them. What do you do? (Required.)

16. Why do companies invest in R&D and marketing? (Required.)

17. Because the goal of spending money on marketing now is to increase profits later, the money spent on marketing is a(n) _____. (Required.)

18. When an economic shock occurs that affects a whole industry, a company must _____. (Required.)

19. What is one reason companies invest in corporate social responsibility (CSR)? (Required.)

20. When making company decisions in the Production department, the CEO's ultimate goal should be _____. (Required.)

21. Who are the stakeholders in a company? (Required.)