Random
Facts
Business Basics
100

Where can you find competitive events?

search competitive events and click resources or go to FBLA connect.

100

Who can join FBLA

Anyone!

100

What does CEO stand for?

chief executive officer

200

True or false: FBLA only meets for half of the year.

false.

200

Name one benefit of being in FBLA.

Speech, debating, leadership skills, etc.

200

Name one trait of an entrepreneur.

curiosity, risk tolerance, adaptability, comfort with failure, persistence, etc.

300

Name one technique to overcome stage fright.

  • Know Your Material: Familiarize yourself with your routine, speech, or performance to build confidence. 
    Practice Visualization: Imagine yourself succeeding on stage to create a positive mindset. 
    Breathing Exercises: Use deep breathing techniques to calm your nerves before going on stage. 
    Focus on the Audience: Shift your focus from yourself to the audience, reminding yourself that they are supportive. 
    Start Small: Begin with smaller audiences to gradually build your confidence before tackling larger crowds. 
    These techniques can help you manage anxiety and perform more effectively.




300

What are 4 pieces of clothing necessary for competitive events?

Tie, blazer, dress shoes, dress pants, dress skirt, dress, lanyard.

300

What's the difference between goods and services?

  • Goods are tangible items that can be touched and owned, such as food, clothing, and electronics. 

    Services are intangible activities performed for the benefit of others, such as teaching, cleaning, or consulting.

400

Name 4 trips we are going to go on this year? 

Fall festival, district competitive events, state competitive events, universal, fall leadership conference.

400

What grade requirements are necessary to stay in FBLA?

C and above.

400

What is the difference between gross income and net income?

  • Gross Income: This is the total amount of income earned before any deductions such as taxes, health insurance, or retirement contributions are taken out. 


    1


  • Net Income: This is the amount of money you take home after all deductions have been made from your gross income. It reflects your actual earnings available for spending. 
    In summary, gross income is what you earn, while net income is what you keep.
500

Name every officer (newly and previously elected)

Lydia, Katana, Jareall, Thomas, Damareon, Kelisa, Kai, Raquel, Solomon.

500
Name 3 competitive events.

Many to choose from.

500

What is the difference between franchise and corporation?

A franchise is a business model where an individual operates a branch of a larger company, while a corporation is a legal entity owned by shareholders that controls all its locations directly.

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