Quiz: Module 1 - Box Business Foundation

1.What is the PRIMARY purpose of the Box Audit on Day 1? A) To impress potential investors B) To establish a true baseline across 7 dimensions C) To identify members to remove D) To calculate market share **Correct Answer: B**

2.What is the industry benchmark for monthly churn in a thriving box? A) 8-12% B) 5-8% C) 3-5% D) 0-2% **Correct Answer: C**

3.Which software is BEST for community-focused boxes prioritizing workout tracking? A) Zen Planner B) Wodify C) SugarWOD D) PushPress **Correct Answer: C**

4.What bias causes owners to avoid checking finances when expecting bad news? A) Confirmation bias B) Loss aversion C) The ostrich effect D) Anchoring **Correct Answer: C**

5.What is the safe square footage per athlete during peak class? A) 50-75 sq ft B) 100-125 sq ft C) 150-200 sq ft D) 250+ sq ft **Correct Answer: B**

6.What percentage of revenue should rent ideally represent? A) 5-10% B) 12-18% C) 25-35% D) 40-50% **Correct Answer: B**

7.Which is NOT one of the 8 Critical KPIs? A) MRR B) ARPM C) Total Social Media Followers D) Monthly Churn Rate **Correct Answer: C**

8.How many Ideal Member Avatars should you start with? A) 1 B) 3 C) 5 D) As many as possible **Correct Answer: A**

9.What is the PRIMARY driver of member retention per behavioral economics? A) Equipment quality B) Price C) Tribal psychology and community D) Class schedule **Correct Answer: C**

10.What is the recommended Monday morning dashboard review time? A) 5 minutes B) 10 minutes C) 15-20 minutes D) 60 minutes **Correct Answer: C**