FBLA Basics
What does FBLA stand for?
Future Business Leaders of America
What is the money a business earns from selling products or services called?
Revenue.
What skill involves clearly sharing ideas and listening to others?
Communication.
What are FBLA competitive events designed to let students demonstrate?
Their business knowledge, career skills, and abilities.
How many sides does a hexagon have?
Six.
What is the main purpose of FBLA?
To prepare students for careers and develop business, leadership, and career skills.
What is the term for the money left after expenses are subtracted from revenue?
Profit.
What does teamwork mean?
Working together toward a shared goal.
What type of competitive event requires students to speak in front of judges?
A public speaking or presentation event.
What planet is known as the Red Planet?
Mars.
In what year was FBLA founded?
1940
What are the four Ps of marketing?
Product, Price, Place, and Promotion.
What is the ability to manage your time, tasks, and responsibilities effectively called?
Organization or time management.
What does SLC stand for in FBLA?
State Leadership Conference.
What is the largest ocean on Earth?
The Pacific Ocean.
What are three things that students can gain from participating in FBLA?
Ex: Leadership skills, career knowledge, and networking opportunities.
What document outlines a company's goals, strategies, and financial plans?
A business plan.
What leadership style encourages team members to share ideas and help make decisions?
Democratic leadership.
What does NLC stand for in FBLA?
National Leadership Conference.
What is the only mammal capable of true, sustained flight?
A bat.
What are the four words represented by the letters FBLA?
Future, Business, Leaders, America
What document outlines a company's goals, strategies, and financial plans?
$550.
Your team disagrees about how to complete a project. What leadership skill helps you work through the disagreement and find a solution?
Conflict resolution.
Why is practicing before an FBLA competitive event important?
It builds confidence, improves performance, and helps students prepare for the event requirements.
What is the smallest prime number?
Two.