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FinalsAnswerSheetRev

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GROUP 1 Studio Essentials
Questions
1. Refers to tangible components of a computer?
a. Hardware
b. Program
c. Software
d. Data
2. Does the application file/installer belong to hardware?
a. Yes,
b. No
c. Maybe
3. Refers to the programs of a computer?
a. Hardware
b. Software
c. Graphics
d. Drive
4. Does the virus scanner belong to software?
a. Yes
b. No
c. Maybe
5. It is a location factor wherein you analyze the rental or real estate costs, taxes, and other
associated expenses.
a. Networking
b. Collaboration opportunities
c. Cost-effectiveness
d. Accessibility
6. Which of the following does NOT impact you in choosing your location?
a. Collaboration opportunities
b. Cost
c. Branding
d. Accessibility
7. It allows for a better understanding of customer needs, preferences, and emerging
trends.
a. Accessibility
b. Cost-effectiveness
c. Market Proximity
d. Collaboration opportunities
8. “Co-locating with like-minded entrepreneurs fosters a sense of community and allows for
knowledge sharing.”
a. Accessibility
b. Cost-effectiveness
c. Target Market
d. Collaboration opportunities
9. Does your business rely on frequent deliveries? If so, this location factor is important to
consider.
a. Target Market
b. Accessibility
c. Collaboration opportunities
d. Cost-effectiveness
10. What is the purpose of an architectural design studio?
a. Introduce design thinking
b. Introduce the design process as a system of frameworks that apply to all
architectural design projects.
c. Design typically consists of open spaces, minimalist features and simple color
palettes offering a clutter-free space to relax and entertain
11. For numbers 2 to 5 choose home studio essentials
a. Table
b. Adjustable drawing table
c. Headlight lamp
d. Drawing lamp/ additional lamp
e. Laptop, wireless mouse + keyboard
f. Apple iPad
g. Wall calendar, marketing + project management applications
12. This refers to any additional building or structure located on the same property as a
primary business location.
a. Outbuilding
b. Zoning Regulation
c. Home Studio
d. Startup Studio
13. Outbuilding studio is usually __________ than home studio which is limited in space.
a. Private
b. Secure
c. Larger Space
d. Location
14. One of the advantages of outbuilding where it helps rewire the brain into work mode.
a. Privacy
b. Mental Space
c. Branding opportunities
d. Zoning Regulations
15. An outbuilding can be fully customized to reflect an architect’s design talents and brand
value.
a. Branding Opportunities
b. Security Concern
c. Mental Space
d. Aesthetic
16. Disadvantages of outbuilding where it strictly requires a building permit for business
purposes.
a. Location
b. Increased Cost
c. Security Concern
d. Zoning Regulation
Answer Key
1. Hardware
2. No
3. Software
4. Yes
5. Cost-effectiveness
6. Branding
7. Market Proximity
8. Target Market
9. Accessibility
10. Introduce design thinking
11. Adjustable drawing table
Drawing lamp/ additional lamp
Laptop, wireless mouse + keyboard
Wall calendar, marketing + project management applications
12. Outbuilding
13. Larger Space
14. Mental Space
15. Branding Opportunities
16. Zoning Regulations
GROUP 2 Start-up Costs
Questions
1. _____________ demand thorough planning and meticulous accounting.
a. Start-up costs
b. Licenses
c. Permits
d. Insurances
2. These are ongoing expenses that the business is going to pay regularly.
a. One-time Costs
b. Fixed Costs
c. Pre-opening start-up costs
d. Post-opening costs
3. What costs are covered once right the business is starting up?
a. Fixed Costs
b. Pre-opening start-up costs
c. Post-opening costs
d. One-time costs
4. These include a business plan, research expenses, borrowing costs, and expenses for
technology.
a. Fixed Costs
b. One-time Costs
c. Pre-opening start-up costs
d. Post-opening costs
5. What costs include advertising, promotion, and employee expenses?
a. Fixed Costs
b. One-time Costs
c. Pre-opening start-up costs
d. Post-opening costs
6. What is required by the state governments for many professions?
a. Start-up Costs
b. Licenses
c. Insurance
d. Permits
7. It is a particular type of license that regulates public safety.
a. Start-up Costs
b. Licenses
c. Insurance
d. Permits
8. Who issues licenses and permits?
a. Federal Government
b. State Governments
c. Local Governments
d. All of the above
9. It is a certification that your business is legitimate, meaning the business is authorized to
operate in the city or municipality where it’s registered.
a. Building Permit
b. Sanitary Permit
c. Business Permit
d. Construction Permit
10. The following options are where one can get Business Permit Requirements, except
one.
a. Department of Technology and Industry
b. Securities and Exchange Commission (SEC)
c. Barangay Unit
d. City or Municipal Office (Business Permit and Licensing Office)
11. _________ is one of the most important considerations to account for as it is essential to
any successful business.
a. Insurance
b. Endurance
c. Guidance
d. Distance
12. What type of insurance provides financial protection if an employee is injured while at
work?
a. Liability Insurance
b. Professional Liability Insurance
c. Worker's Compensation Insurance
d. Commercial Property Insurance
13. What helps protect the business from losses in the event of natural disasters and other
types of property damage?
a. Liability Insurance
b. Professional Liability Insurance
c. Worker's Compensation Insurance
d. Commercial Property Insurance
14. What are the factors impacting the insurance cost for a start-up?
a. Industry and Location
b. Number of employees
c. Experience
d. All of the above
15. It is how your firm or business stands out from the crowd.
a. Licenses
b. Permits
c. Insurance
d. Branding
16. According to the report, how many STEPS are there to build a great brand for an
architecture firm?
a. 1
b. 2
c. 3
d. 4
17. What is the first step in building an authentic brand identity?
a. Answering the question, "Who are you?"
b. Answering the question, "Who's your ideal customer?"
c. Answering the question, "What should your architect brand look like?"
d. Blueprint the brand identity.
18. It is as important as understanding yourself or your firm/business.
a. Understanding the shape.
b. Understanding your ideal customer.
c. Understanding the weather.
d. Understanding the color.
19. The following are design choices to consider in branding your firm, except one.
a. Colors
b. Snape
c. Fonts
d. Voice
20. What to do when creating your brand?
a. Play it safe
b. Cheap out
c. Forget mockups
d. Do not go with designs that aren’t “you”.
Answer Key
1. Start-up costs
2. Fixed Costs
3. One-time costs
4. Pre-opening start-up costs
5. Post-opening costs
6. Licenses
7. Permits
8. All of the above
9. Business Permit
10. Department of Technology and Industry
11. Insurance
12. Worker's Compensation Insurance
13. Commercial Property Insurance
14. All of the above
15. Branding
16. 4
17. Answering the question, "Who are you?"
18. Understanding your ideal customer.
19. Snape
20. Do not go with designs that aren’t “you”.
GROUP 3 Marketing Costs
Questions
1. Refers to the expenses incurred by a business or organization to promote its products or
services to the target audience.
a. Variable Cost
b. Marketing Cost
c. Opportunity Cost
d. Operational Cost
2. This is an essential activity for any business as it helps to create brand awareness,
generate leads, and drive sales.
a. Advocacy
b. Customer's feedback
c. Sales
d. Marketing
3. The level of _____________­in the industry can also impact the marketing costs.
a. competition
b. prices
c. supply
d. demand
4. In a highly competitive market, businesses may need to spend more on _____________
to stay relevant and attract customers.
a. negotiation
b. marketing
c. operation
d. production
5. The _____________of the business and its target audience can also impact the
marketing costs. For example, marketing costs may be higher in urban areas than in
rural areas.
a. geographic location
b. image
c. location
d. setting
6. This will help businesses to prioritize their marketing activities and ensure that the
expenses do not exceed the allocated budget.
a. set marketing budget
b. list of funds
c. accounting
d. monitoring expenses
7. Businesses should focus on the marketing channels that are most effective in reaching
their _________.
a. sales representative
b. target audience
c. stock value
d. advocacy
8. It is important to _________ and ________the results of the marketing campaigns to
understand their effectiveness.
a. measure
b. track
c. weigh
d. supervise
e. assess
9. In what ways a business can optimize its marketing spend and generate better results?
a. By attracting customers through sales and discounts.
b. By understanding the factors that impact marketing costs and implementing ways
to control them.
c. By being attracting prospective customers through acts of service, words of
affirmation, and quality time.
d. By removing competition in the market.
10. _________also known as operating expenses, refer to the expenses incurred by a
business in its day-to-day operations to generate revenue.
a. Operational operating cost
b. Technical operating costs
c. Operating costs
d. Opportunity cost
11. Refers to the expenses incurred specifically for maintaining and operating the technical
infrastructure and equipment necessary for business operations.
a. technical operating costs
b. operating costs
c. opportunity costs
d. operational operating costs
12. The cost of maintaining and updating software applications used by the business,
including license renewals, patches, and version upgrades. This can also include the
cost of technical support or service contracts.
a. Technical support
b. Technical support maintenance
c. System integration and development
d. Software maintenance and upgrade
13. The cost of maintaining and repairing technical equipment, such as computers, servers,
printers, and other hardware devices. This ensures the reliability and longevity of the
equipment.
a. Antivirus patches
b. Software licensing
c. System integration and repair
d. Equipment and maintenance repair
14. Refer to the ongoing expenses incurred to keep the day-to-day operations running
smoothly. These costs are directly related to the core activities and processes of the
business and are necessary to generate revenue.
a. operational operating costs
b. technical operational costs
c. opportunity costs
d. operational costs
15. Costs associated with promoting the business and its products or services, including
advertising campaigns, marketing materials, online marketing, and public relations
activities.
a. marketing and advertising expenses
b. cost of goods sold
c. staff promotion expenses
d. general and administrative expenses
16. Is the value of what you lose when choosing between two or more options.
a. Opportunity cost
b. Operational cost
c. Marketing cost
d. Product cost
17. Is the loss you take to make a gain, or the loss of one gain for another gain.
a. Technical Cost
b. Trade
c. Gamble
d. Opportunity cost
18. While opportunity cost is not an exact measure, one way to quantify it is to?
a. allocate financial experts to guide the business and provide the best analysis and
assessment.
b. reduce potential deliverables to make an accurate set of data to be analyzed and
assessed.
c. make a comparison between brands through a SWOT analysis to compare which
is the best value for investments and deals.
d. estimate the potential future value that you opted not to receive and compare it
with the value of the choice you made instead.
19. This is an important concept in economics because it helps individuals, businesses, and
policymakers evaluate the true cost of their decisions and weigh the potential benefits
against the alternatives they have to forgo.
a. Karl Marx Theory
b. Scarcity Principle
c. Opportunity Cost
d. Supply and Demand
Answer Key
1. Marketing Cost
2. Marketing
3. Competition
4. Marketing
5. Geographical location
6. Set marketing budget
7. Target audience
8. Track and measure
9. By understanding the factors that impact marketing costs and implementing ways to
control them.
10. Operating costs
11. Technical operating costs
12. Software maintenance and upgrade
13. Equipment and maintenance repair
14. Operational operating costs
15. Marketing and advertising expenses
16. Opportunity cost
17. Opportunity cost
18. Estimate the potential future value that you opted not to receive and compare it with the
value of the choice you made instead.
19. Opportunity Cost
GROUP 4 Standard Operating Procedures (SOPs)
Questions
1. It defines the goals and objectives of communication within the organization, such as
promoting collaboration, sharing information, or achieving specific outcomes.
a. Communication Objectives
b. Communication protocol
c. Communication Etiqeutte
d. Channels of Communication
2. It specifies the preferred methods of communication for different types of messages or
situations
a. Communication Objectives
b. Communication protocol
c. Communication Etiqeutte
d. Channels of Communication
3. It is the protocols and procedures for communicating during crises, including designated
spokespersons and predefined messaging templates.
a. Communication Objectives
b. Communication protocol
c. Communication Etiqeutte
d. Channels of Communication
4. It refers to the set of polite and respectful behaviors and guidelines that should be
followed during various forms of communication.
a. Communication Objectives
b. Communication protocol
c. Communication Etiqeutte
d. Channels of Communication
5. Select 6 Key Principles for Communication Etiquette
a. Active listening
b. Use of appropriate channels
c. Constructive feedback
d. Respectful tone and language
e. Considerations of time zones and availability
f. Clarity and Conciseness
g. Criticizing their idea
h. Share unwanted information
i. Use of profanities
6. Select the 3 types of Standard Operating Procedure Systems
a. step-by-step
b. flowcharts
c. constructive feedback
d. mode-by-feedback
e. hierarchical steps
f. front-to-back steps
7. What is the first step in writing a perfect SOP for project management?
a.
b.
c.
d.
e.
go for proofreading and editing
create a draft
finalize the document
prepare an outline
getting ready with data
8. What is the second step in writing a perfect SOP for project management
a. go for proofreading and editing
b. create a draft
c. finalize the document
d. prepare an outline
e. getting ready with data
9. What is the fifth and final step in writing a perfect SOP for project management?
a. go for proofreading and editing
b. create a draft
c. finalize the document
d. prepare an outline
e. getting ready with data
10. What are the Benefits of a Good Project Management?
a. saves time and money
b. iterate on success
c. increases the risk of the project
d. improve internal communications
e. provides more problems
f. disorganized the flow of the project
11. It is a diagram that visually maps out a process from start to finish. The boxes show the
steps, connected by arrows to indicate their path.
a. Flowchart SOP
b. Hierarchical SOP
c. Step-by-Step SOP
d. Gannt chart SOP
Answer Key
1. Communication Objectives
2. Channels of Communication
3. Communication protocol
4. Communication Etiquette
5. Active listening
Use of appropriate channels
Constructive feedback
Respectful tone and language
Considerations of time zones and availability
Clarity and Conciseness
6. Step-by-step
Flowcharts
Hierarchical steps
7. Getting ready with data
8. Prepare an outline
9. Go for proofreading and editing
10. Saves time and money
Iterate on success
Improve internal communications
11. Flowchart SOP
GROUP 5 Time Tracking
Questions
1. Why is time management important for startup founders?
a. To hire more employees
b. To make more money
c. To keep the work on track and maintain their sanity
d. To impress investors
2. What is the "all hands on deck" approach in startups?
a. A method to outsource work to other companies
b. A strategy to hire more employees
c. A way to share responsibilities among the team
d. A technique to attract more investors
3. What are some time constraints that startups may face?
a. Competitions
b. Investors
c. Launch dates
d. All of the Above
4. Why do startups have to move fast?
a. To impress investors
b. To hire more employees
c. A new competitive product might appear soon
d. To make more money
e. Other: _________________________________________
5. What is the time-blocking technique?
a.
b.
c.
d.
Blocking time for unimportant tasks
Blocking time for social media
Blocking time for important tasks
Blocking time for sleeping
6. Why should startups establish clear communication?
a. To create more confusion for the team
b. Option To forget something along the way2
c. To ensure everyone is on the same page
d. To increase email inbox size
7. Why is time tracking important?
a. To waste time
b. To know how to spend time effectively
c. To avoid juggling responsibilities
d. To decrease productivity
8. What should you do to kill distractions?
a. Answer every single Twitter mention of your startup
b. Tune out distractions
c. Watch TV
d. Option 4
e. Play video games
9. Which tool can help with clear communication?
a. Google Calendar
b. Noisili
c. RightInbox
d. Timeneye
10. Which tool is recommended for time tracking and reporting?
a. Timeneye
b. Slack
c. Noisili
d. RightInbox
11. Which tool is recommended for tuning out distractions?
a. Noisili
b. Google Calendar
c. Timeneye
d. Slack
12. What is a design schedule estimate?
a. An estimate of the schedule for a particular action
b. An estimate of the cost for a particular action
c. An estimate of the quality of a particular action
d. An estimate of the risk for a particular action
13. Who provides information for a design schedule estimate?
a. Customers
b. Architects, designers, and contractors
c. Stakeholders
d. Project managers
14. How does a design schedule estimate differ from a baseline schedule estimate?
a. Design schedule estimates are defined before a project is approved
b. Baseline schedule estimates are more detailed than design schedule estimates
c. Design schedule estimates are based on information provided by stakeholders
d. Baseline schedule estimates are defined after a project has been approved
15. Who defines a baseline schedule estimate?
a. Customers
b. Stakeholders
c. Architects, designers, and contractors
d. Project managers
16. What is financial analysis?
a. The process of evaluating businesses to determine their performance
b. The process of evaluating businesses to determine their location
c. The process of evaluating businesses to determine their size
d. The process of evaluating businesses to determine their age
17. In corporate finance, who conducts the analysis?
a. The accounting department
b. The marketing department
c. The management department
d. The production department
18. What is one objective of financial management?
a. Maximizing customer satisfaction
b. Minimizing employee turnover
c. Minimizing office expenses
d. Maximizing profits
19. Which area of financial management involves estimating future cash needs?
a. Budgeting
b. Procedures
c. Planning
d. Managing and assessing risk
20. What is the purpose of budgeting in financial management?
a. To track liquidity and cash flow
b. To ensure compliance
c. To allocate the company's available funds to meet costs
d. To manage relationships
Answer Key
1. To keep the work on track and maintain their sanity
2. A way to share responsibilities among the team
3. All of the Above
4. A new competitive product might appear soon
5. Blocking time for important tasks
6. To ensure everyone is on the same page
7. To know how to spend time effectively
8. Tune out distractions
9. Google Calendar
10. Timeneye
11. Noisili
12. An estimate of the schedule for a particular action
13. Architects, designers, and contractors
14. Design schedule estimates are based on information provided by stakeholders
15. Project managers
16. The process of evaluating businesses to determine their performance
17. The accounting department
18. Maximizing profits
19. Managing and assessing risk
20. To allocate the company's available funds to meet costs
STUDIO ESSENTIALS
1. When choosing a studio location, which of the following is NOT mentioned as a
consideration?
a) Prime Location such as commercial and business districts
b) Pleasant work environment
c) A space that speaks of your design principles and reflects your personality
d) A space close to a grocery
2. Which of the following is a PRO of having a home studio?
a) You have the freedom to organize and decorate as you see fit
b) Increased opportunities for collaboration
c) Access to specialized facilities
d) Having co-workers around
3. What is one possible CON of having a home studio?
a) Increased flexibility in working hours
b) Potential distractions from other areas of the house
c) Limited control over the workspace design
d) Helps maintain the work-life balance
4. Which hardware is recommended for new architecture firms?
a) High-end desktop computer
b) Graphics tablet
c) Large format printer
d) Laptop
5. What is the benefit of having a model-making workshop in an architectural studio?
a) Allows architects to experiment with different construction materials
b) Can house dedicated meeting rooms for internal team discussions and client presentations
c) Provide architects with a dedicated space to construct physical models using various
materials, tools, and equipment
d) Provides a dedicated space for conducting design presentations
6. Which of the following is NOT mentioned as a type of outbuilding found in architectural
studios?
a) Design studios
b) Model-making workshops
c) Technology and IT rooms
d) Art galleries
7. What does BIM stand for?
a) Building Inspection and Monitoring
b) Blueprint and Illustration Management
c) Building Information Modeling
d) Business Improvement Methodology
8. Which of the following is NOT listed as an essential stationery tool on an architect's desk?
a) Set of rulers
b) Sketchbook
c) Drawing storage tube
d) Stapler
9. When it comes to hardware, what is one advantage of using a powerful graphics card for
architectural renderings?
a) Lower cost compared to a good CPU
b) Superior performance in lower-end rendering software
c) Ability to handle complex and time-consuming processes
d) Efficient for auditing expenses
10. What does CAD stand for in the context of architecture?
a) Computer-Aided Design
b) Construction and Design
c) Creative Architectural Drawings
d) Conceptual Analysis and Drafting
11. What is the main difference between CAD and BIM software?
a) CAD allows for 2D modeling, while BIM focuses on 3D design.
b) CAD provides detailed information about building components, while BIM is limited
to drawings.
c) CAD is used for architectural projects, while BIM is used for engineering projects.
d) CAD is a free software, while BIM requires a subscription.
12. Which software is listed as FREE for CAD?
a) SolidWorks
b) AutoCAD
c) Rhino
d) SketchUp Pro
13. Which software is listed as a BIM option?
a) SolidWorks
b) AutoCAD
c) Rhino
d) ArchiCAD
14. Which software is listed as FREE for 3D rendering?
a) Indigo Render
b) Octane Render
c) Maxwell Render
d) Blender
15. What is the primary advantage of using BIM software over traditional CAD software?
a) BIM software allows for more precise 2D modeling.
b) BIM software offers better integration with virtual reality systems.
c) BIM software provides comprehensive information about building components.
d) BIM software has more advanced rendering capabilities.
16. What is the most commonly used photo editing software in architecture studios?
a) SolidWorks
b) AutoCAD
c) SketchUp Pro
d) Photoshop
17. Which software is commonly used for 3D modeling and visualization in architecture?
a) Microsoft Excel
b) Adobe Illustrator
c) Google Docs
d) SketchUp Pro
18. What is the purpose of office software in an architecture studio?
a) Creating 3D models
b) Managing financial documents
c) Rendering architectural designs
d) All of the above
19. What is the purpose of video editing software in an architecture studio?
a) Creating advertising and promotional content
b) Managing client relationships
c) Calculating architectural measurements
d) Analyzing building materials
20. Which software is commonly used for 3D rendering?
a) SolidWorks
b) AutoCAD
c) SketchUp Pro
d) Blender
STARTUP COSTS
1. Which of the following is an example of a startup cost related to licenses and permits?
a) Office rent
b) Marketing expenses
c) Business registration fees
d) Employee salaries
Answer: c) Business registration fees
2. Which type of insurance protects a startup against property damage or loss?
a) Health insurance
b) General liability insurance
c) Property insurance
d) Workers' compensation insurance
Answer: c) Property insurance
3. What are branding costs associated with startups?
a) Costs of office supplies
b) Costs of hiring consultants
c) Costs of designing a logo and creating a brand identity
d) Costs of inventory purchase
Answer: c) Costs of designing a logo and creating a brand identity
4. What are some examples of branding costs for startups?
a) Website development expenses
b) Employee salaries
c) Rent for office space
d) Product manufacturing costs
Answer: a) Website development expenses
5. Which type of insurance protects a startup against claims of negligence or errors in
professional services?
a) Health insurance
b) General liability insurance
c) Professional liability insurance (errors and omissions)
d) Workers' compensation insurance
Answer: c) Professional liability insurance (errors and omissions)
6. Which of the following is an example of a startup cost related to licenses and permits? a)
Advertising costs
b) Travel expenses
c) Zoning permits fees
d) Raw material costs
Answer: c) Zoning permits fees
7. What are some typical licensing and permitting costs for startups? a) Legal
consultation fees
b) Employee training expenses
c) Filing fees for business licenses
d) Shipping and logistics costs
Answer: c) Filing fees for business licenses
8. Which type of insurance protects a startup against claims of bodily injury or property damage?
a) Health insurance
b) General liability insurance
c) Cyber liability insurance
d) Product liability insurance
Answer: b) General liability insurance
9. What are some examples of branding costs for startups?
a) Rent for manufacturing facilities
b) Employee benefits
c) Costs of graphic design services
d) Maintenance and repairs expenses
Answer: c) Costs of graphic design services
10. Which of the following is an example of a startup cost related to licenses and permits? a)
Research and development expenses
b) Employee training costs
c) Permit fees for construction
d) Utilities and office supplies
Answer: c) Permit fees for construction
11. What are some common insurance costs for startups?
a) Office furniture and equipment
b) Social media advertising expenses
c) Premiums for business insurance policies
d) Software and technology expenses
Answer: c) Premiums for business insurance policies
12. Which type of insurance protects a startup against claims related to employee injuries? a) Health
insurance
b) General liability insurance
c) Workers' compensation insurance
d) Directors and officer’s insurance
Answer: c) Workers' compensation insurance
13. What are some examples of branding costs for startups?
a) Legal fees
b) Employee training expenses
c) Costs of creating a company logo
d) Research and development costs
Answer: c) Costs of creating a company logo
14. Which of the following is an example of a startup cost related to licenses and permits? a)
Marketing research expenses
b) Employee salaries and benefits
c) Fees for obtaining a business license
d) Packaging and shipping costs
Answer: c) Fees for obtaining a business license
15. What are some typical insurance costs for startups?
a) Inventory purchase costs
b) Professional development expenses
c) Premiums for liability insurance
d) Rent for office space
Answer: c) Premium for liability insurance
16. Which of the following is an example of a startup cost related to branding?
a) Office rent
b) Employee salaries
c) Marketing expenses
d) Website development costs
Answer: c) Marketing expenses
17. What is the purpose of branding costs for startups?
a) To cover office maintenance expenses
b) To finance employee training programs
c) To establish a distinct brand identity and create brand awareness d) To
fund research and development activities
Answer: c) Designing a company logo
18. Which of the following is an essential startup cost related to licenses and permits? a)
Research and development expenditures
b) Marketing campaign costs
c) Government registration fees
Answer: c) Government registration fees
19. What are some examples of startup costs?
a) Rent for office space
b) Social media advertising expenses
c) Employee salaries and benefits
d) Research and development costs
Answer: a) Rent for office space
20. Which of the following is a significant startup cost?
a) Stationery and office supplies
b) Training programs for employees
c) Legal consultation fees
d) Travel expenses for business meetings
Answer: c) Legal consultation fees
MARKETING COSTS
1. Marketing costs refer to expenses incurred by a company for:
A) Developing new products
B) Hiring new employees
C) Promoting and advertising
D) Renting office space
2. Which of the following is NOT a component of marketing costs?
A) Advertising
B) Research and development
C) Market research
D) Digital marketing
3. When considering marketing costs, it is important to:
A) Define marketing objectives
B) Focus only on short-term goals
C) Ignore the target audience
D) Allocate the entire budget to advertising
4. What role does the target audience play in marketing costs?
A) It determines the overall budget for marketing
B) It helps in selecting the most effective marketing channels
C) It has no impact on marketing costs
D) It reduces the need for market research
5. Which of the following is NOT a consideration in marketing costs?
A) Marketing strategy
B) Budget allocation
C) Competitor analysis
D) Employee training costs
6. What does ROI stand for in marketing analysis?
A) Return on investment
B) Revenue on interest
C) Return on information
D) Revenue on investment
7. Which factor should businesses consider when determining marketing costs?
A) Seasonality and timing
B) Current market share
C) Employee turnover rate
D) Office furniture expenses
8. Scalability and flexibility in marketing costs refer to:
A) The ability to reduce marketing spend over time
B) The ability to adjust marketing efforts as the business grows
C) The willingness to invest in expensive marketing campaigns
D) The capacity to ignore industry trends
9. Which of the following is a marketing channel that may incur costs?
A) Accounting software
B) Payroll management system
C) Television commercials
D) Employee benefits program
10. What should businesses do to optimize their marketing costs?
A) Set unrealistic marketing objectives
B) Increase marketing spend without analyzing the results
C) Regularly analyze the performance and adjust strategies
D) Ignore market research and competitor analysis
11. What is the purpose of market research in marketing costs?
A) To determine employee salaries
B) To identify the target audience
C) To calculate office rent
D) To reduce advertising expenses
12. Which of the following is NOT a marketing cost associated with digital marketing?
A) Social media advertising
B) Content creation
C) Television commercials
D) Search engine optimization (SEO)
13. Why is budget allocation important in marketing costs?
A) It helps in reducing overall marketing expenses
B) It ensures that all expenses are covered
C) It eliminates the need for marketing strategies
D) It increases employee turnover rate
14. What does the acronym CRM stand for in marketing?
A) Customer retention management
B) Cost reduction mechanism
C) Customer relationship management
D) Competitive research and marketing
15. Which of the following is a cost associated with trade shows and events?
A) Employee salaries
B) Office supplies
C) Travel expenses
D) Utility bills
16. Why is competitor analysis a consideration in marketing costs?
A) It helps in determining the marketing budget
B) It provides insights into industry trends and norms
C) It eliminates the need for marketing campaigns
D) It reduces employee training costs
17. Which marketing cost is associated with developing and printing marketing materials?
A) Market research
B) Content creation
C) Collateral and printing
D) Social media management
18. What should businesses consider when it comes to seasonality and timing in marketing costs?
A) Allocating more budget during peak seasons
B) Reducing marketing efforts during slow periods
C) Increasing marketing spend regardless of timing
D) Ignoring the target audience's preferences
19. Why is measuring ROI important in marketing costs?
A) It helps in reducing overall marketing expenses
B) It ensures all employees receive performance bonuses
C) It provides insights into the effectiveness of marketing efforts
D) It eliminates the need for market research
20. Which factor should businesses consider for scalability and flexibility in marketing costs?
A) The ability to adjust marketing strategies as the business grows
B) The willingness to eliminate marketing efforts
C) The capacity to reduce marketing spend over time
D) The capability to ignore competitor analysis
STANDARD OPERATING PROCEDURES (SOPs)
1. What is the purpose of SOPs in a quality system?
A. To increase the cost of production
B. To reduce the efficiency of the production process
C. To provide individuals with information to perform a job properly
D. To increase the variability in the quality and integrity of the product
2. What types of elements do SOPs describe?
A. Only technical
B. Only fundamental programmatic operational
C. Both technical and fundamental programmatic operational
D. Only fundamental
3. Are SOPs specific to certain types of organizations?
A. Yes, only non-profit organizations
B. Yes, only small businesses
C. No, SOPs are suitable for any type of organization
D. Yes, only corporations
4. What does SOP stand for?
A. System Operating Procedure
B. Standard Operating Procedure
C. Systematic Operational Programming
D. Standard Operational Program
5. The development and use of SOPs minimizes variation and promotes quality through this
process.
A. reinforcement of the employees
B. consistent implementation of a process or procedure within the organization, even if
there are temporary or permanent personnel changes
C. enhancement of activities within the organization
D. None of the above
6. What happens to the SOP if it is not written correctly?
A. It will still work.
B. It will help the organization in the long run.
C. It will be of limited value.
D. It will boost the company.
7. The following are benefits of SOP, except for one.
A. reduced work effort, along with improved comparability, credibility, and legal
defensibility
B. minimizes variation and promotes quality
C. can also be valuable for reconstructing project activities when no other references
are available
D. unnecessary even when published methods are being utilized
8. Which among the following are the writing styles of SOP?
A. SOPs should be written in a concise, step-by- step, easy-to-read format. B. The
information presented should be unambiguous and not overly complicated. C. The
document should not be wordy, redundant, or overly lengthy. D. All of the above
9. Why should the organization have a procedure in place prior to a preparation of a SOP?
A. For determining what procedures or processes need to be documented. B. For
determining what procedures or processes need not to be documented. C. For determining
when procedures or processes need to be documented. D. For determining what
procedures or processes wants to be documented. 10. If a process is no longer followed, it
should be:
A. Strengthen.
B. Highlighted.
C. Withdrawn.
D. Honed.
11. In the presentation, SOPs should be systematically reviewed.
A. True, every after a year.
B. True, every after 2 years.
C. Both a and b are correct
D. There’s no time frame
12. In the presentation, a typical flow of preparing- implementing a SOP
is: A. Prepare, draft, test, review, approve, implement, review
B. Prepare, draft, review, test, implement, approve, review
C. Prepare, draft, test, implement, review, approve, review
D. Prepare, draft, review, test, approve, implement, review
13. Checklists or forms included as part of an activity should be, ___________. A.
Referenced at the points in the procedure where they are to be used and then
attached to the SOP.
B. Not referenced at the points in the procedure where they are to be used and then
attached to the SOP.
C. Referenced at the points in the procedure where they are to be used and then not
attached to the SOP.
D. Not referenced at the points in the procedure where they are to be used and then
not attached to the SOP.
14. Why do we need to organize SOP?
A. To ensure ease and efficiency in use and to be specific to the organization which
develops it.
B. To ensure difficulty and efficiency in use and to be specific to the organization which
develops it.
C. To ensure ease and logical in use and to be specific to the organization which
develops it.
D. All of the above
15. The first page or cover page of each SOP should contain the following
information. A. Title Page
B. Text
C. Table of Contents
D. References
16. A well-written SOP should first briefly describe _____________.
A. Define any specialized or unusual terms either in a separate definition section or in
the appropriate discussion section.
B. Denote what sequential procedures should be followed, divided into significant
sections
C. The purpose of the work or process, including any regulatory information or standards
that are appropriate to the SOP process, and the scope to indicate what is covered. D.
Clearly worded so as to be readily understandable by a person knowledgeable with the
general concept of the procedure
17. These are the activities Technical SOPs are also needed to cover except
__ A. Data processing
B. Modelling
C. Risk Assessment
D. Digital Printing
18. Which among the following is the Option 2 in creating own analytical
SOPs? A. It may consist entirely of the referenced published analytical method.
B. It may reference a published method and include an addendum the details where
the lab deviates
C. The lab may choose to create their own SOP from scratch.
D. None of the above.
19. In programmatic SOPs will consist of five elements. These are:
A. Title page, Table of Contents, Purpose, Procedures, Quality Assurance/Quality
Control, References
B. Title page, Table of Contents, Statement of the Problem, Methodology, Quality
Assurance/Quality Control
C. Title page, Table of Contents, Goals and Objectives, Statement of the Problem,
Methodology, References
D. Title page, Table of Contents, Procedures, Conclusion, Quality Assurance/Quality
Control, References
20. Technical SOPs need to include the specific steps aimed and initiating, coordinating,
and ________ the results of the activity and should be tailored only to that activity. A.
Listing and/or Printing
B. Copying and/or Writing
C. Capturing and/or Uploading
D. Recording and/or Reporting
TIME TRACKING
1.) The following are some Architectural Studio Essentials except one.
A. Laptop
B. Gaming Mouse
C. Sketch Pad
D. Tracing Papers
2.) _______ refers to the process of recording and monitoring the time spent on various
tasks, activities, or projects.
A. Time Management
B. Time Tracking
C. Time Tracing
D. Time Recording
3.)______ in architecture vary depending on the size, complexity, and specific requirements of
each project.
A. Design Schedule
B. Time Tracking
C. Design Requirements
D. Time Management
4.) It involves various activities that allow architects to gather information, analyze the
context, and establish the design parameters.
A. Pre-Design
B. Schematic Design
C. Design Development
D. Design Creation
5.) It focuses on developing and refining the design concepts generated during the predesign phase into a more concrete and coherent architectural solution.
A. Pre-Design
B. Schematic Design
C. Design Development
D. Design Creation
6.) It involves refining the design concepts developed during schematic design to create a more
detailed and comprehensive architectural solution. The design development phase focuses on further
defining the spatial, structural, and material aspects of the project.
A. Pre-Design
B. Construction Development
C. Design Development
D. Brainstorming
7.) Construction documents, also known as working drawings or blueprints, are a set of detailed and
comprehensive documents prepared by architects during the construction document phase of a
project.
A. Design Development
B. Construction Development
C. Site Development
D. Developer
8.) It involves the architect's role in overseeing the construction process, ensuring that the design intent
is properly executed, and facilitating effective communication between the project team and the client.
A. Admirer
B. Construction Administration
C. Contractor
D. Constructor
9.) _______ in your architectural design schedule helps you visualize the timeline, manage
dependencies, track progress, and communicate effectively with your team and stakeholders. It
assists in keeping the project organized, on schedule, and on track for successful completion.
A. Timeline
B. Time Scheduling
C. Gantt Chart
D. Pie Chart
10.)________ involves the process of planning, organizing, and controlling an organization's
financial resources to achieve its goals and objectives effectively.
A. Financial Management & Analysis
B. Marketing
C. Financial Plan
D. Business Plan
11.) the practice of monitoring and recording the time spent on different tasks and activities
within an organization
A. Cost Allocation
B. Budgeting
C. Monitoring
D. Cost Monitoring
12.) Assess the efficiency of resource allocation, identify bottlenecks, and optimize resource
utilization to improve financial performance.
A. Resource Management
B. Resource Allocation
C. Financial Practice
D. Resourceful
13.) allows precise budgeting and forecasting
A. Expense Tracing
B. Budgeting & Forecasting
C. Allocation
D. None of the Above
14.) identify areas of inefficiency and take corrective measures to enhance productivity and control
costs.
A. Product Analysis
B. Marketing
C. Capitalization
D. Market Analysis
15.)provides a basis for evaluating the performance of individuals, teams, or
departments. A. Evaluation
B. Open Forum
C. Peer Evaluation
D. Performance Evaluation
16.) determines the profitability and return on investment (ROI) of each
project.
A. Feasibility Study
B. Project Profitability Analysis
C. Return of Income
D. Return of Investment
17.) Enables organizations to make informed financial decisions, optimize resource
utilization, and improve overall financial performance.
A. Influencer
B. Character
C. Significant other
D. Significant Role
18.)Having ________ in financial management is a must for architecture, as they need to
calculate a lot of costs and predict values and provide estimations.
A. Good certifications and Experience
B. Friends
C. Outstanding balance
D. Capital
19.) Financial management education is a must for architects/architectural firms and they need to
plan and analyze all the means of financial management.
A. Financial Management for Architectural Firms
B. Financial Class
C. Financial Crisis
D. Financial Freedom
20.) Two Ways to Plan your Firm's Financial
Model
A. Top Down
B. Bottom's Down
C. Buttons Down
D. Bottom's Up
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