Founder of Tesla and SpaceX
Money moving in/out of the business
Cash Flow
What does Brick & Mortar mean as a business?
A business operates in a physical building/location
Which conglomerate has Mickey Mouse as one of its most recognizable cartoons?
The Walt Disney Company
Founder of Dell Technologies
Michael Dell
Profitability of a Business is calculated with what? (hint: some type of margin)
Gross Margin
Percentage of start-ups that fail? (Answer choices: 35%, 56%, 85%, 90%)
90%!!
This conglomerate owns Frito-Lay and MANY beverages
PepsiCo
Co-Founders of Google
Larry Page & Sergey Brin
What does COGS stand for?
Cost of Goods Sold
The 3P's of a business's success
People, Process, and Product
What is the #1 conglomerate in the world by market cap and is known for electronics, shipbuilding, and insurance? (hint: people use their products everyday and one of them is a phone)
Samsung Group
Founder of Wal-Mart
Sam Walton
What is considered a snapshot of a business's financial position at a specific time? (hint: ALOE)
Balance Sheet
What is the Golden Rule in business?
Treat customers, employees, and partners the way you would want to be treated. (With respect, honesty, and fairness).
What conglomerate owns some of the biggest luxury brands? (hint: based in France)
Founder of Berkshire Hathaway
Warren Buffet
The 4 types of business ownership structure
Sole proprietorship, Partnership, LLC, Corporations
What American conglomerate is known for household supplies? (hint: they own Tide and Pampers)
Proctor & Gamble