Curriculum Build & Sell Open Book Financials Who Runs It Camp Guides

Learning Catalogue

Financial Literacy Design Thinking Market Research Control Brand Sourcing Go-To-Market Creative Fundamentals Marketing

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Curriculum Build & Sell Open Book Financials Who Runs It

Learning Catalogue

Core Build Modules
💰 Financial Literacy as Survival Gear
🎨 Design Thinking & Human Factor Research
📊 Market Research: Follow the Money & Problems
🏷 Control Brand Playbook
- Learning Module
- Test Your Knowledge
🏭 Sourcing 101: Where Value Is Actually Made
- Learning Module
- Test Your Knowledge
🚀 Go-To-Market: Launch Without Burning Fuel
- Learning Module
- Test Your Knowledge
📸 Creative Fundamentals: Photography, Design & Visual Clarity
- Learning Module
- Test Your Knowledge
📣 Marketing: Use Existing Channels First
- Learning Module
- Test Your Knowledge

Test Your Knowledge: Sourcing 101: Where Value Is Actually Made

Instructions: Select the best answer for each question.

Name:

1. In the lesson, what does sourcing do? A. Replaces the customer problem B. Turns the brand promise into product reality C. Makes pricing unnecessary D. Only chooses a logo

2. What is a supplier? A. A person or company that provides the product B. A customer complaint C. A poster design D. A sales receipt

3. Why does the lesson compare sourcing to a kitchen? A. Kitchens are cheaper than businesses B. Menus do not matter C. The visible promise only works if the system can deliver it D. Suppliers always cook food

4. What is a product specification? A. A social caption B. A random supplier name C. A customer compliment D. A clear description of exactly what is being bought

5. Why is true unit cost important? A. It includes the real cost needed to deliver one unit B. It ignores packaging and labels C. It is always the same as selling price D. It removes the need for margin

6. Which item can be part of true unit cost? A. Only the founder's time B. Product, packaging, labels, shipping, and fees C. Only the product photo D. Only the retail price

7. Why does lead time matter? A. It changes the brand color B. It makes customers disappear C. It affects when inventory can arrive and be sold D. It has no effect on operations

8. What happens if quality does not match the brand promise? A. Customer trust can break B. Margin automatically improves C. The product becomes easier to sell D. Specifications stop mattering

9. Why compare multiple suppliers? A. To avoid choosing anyone B. To make the process slower for no reason C. To ignore product quality D. To evaluate cost, quality, minimum orders, timing, and reliability

10. What should students avoid before sourcing? A. Defining the offer B. Buying a large quantity before demand is tested C. Checking supplier details D. Calculating margin

11. What does margin protect? A. Only the supplier B. Only the package design C. The ability to cover costs and keep the business working D. The need to understand customers

12. What is the main sourcing lesson? A. The product system must keep the promise and make the math work B. The cheapest supplier is always best C. Specifications are optional D. Quality never affects sales

Score

X/12

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Students collaborating during a Money Club session

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