Business
Those who pay money to the business.
What are customers?
A person who willingly bears the risk of a new business' success or failure.
What is an entrepreneur?
The price paid for the use of borrowed money
What is interest?
The famous company who fired its creator and then later rehired him as CEO
What is Apple?
The year Kettering was founded
What is 1919?
Those to whom the business pays money.
What are suppliers?
A business owned and operated by one person.
What is a Sole Proprietorship?
The federal insurance every bank should have
What is the FDIC (Federal Deposit Insurance Corporation)?
The company founded in Flint Michigan which grew to become the world’s largest corporation
What is General Motors?
Another name Kettering University has most recently been known as
What is General Motors Institute?
Someone who inspires and motivates action.
What is a leader?
The "exploratory" term often referring to people who regularly fund new businesses.
What are venture capitalists?
A risky security that typically sells for less than one dollar
What is a Penny Stock?
The original founder of the modern day corporation, General Electric
Who is Thomas Edison?
The name of Kettering University's bulldog mascot
What is General Determination?
The part of a business that manages hiring, benefits, and separations with the main goal of the department being to protect the organization.
What is human resources?
A footwear-related term that sometimes refers to starting a business with your own personal funds.
What is bootstrapping?
The stock exchange that is considered the largest in the world
What is the New York Stock Exchange?
The CEO of General Motors and Kettering Alum
Who is Mary Barra?
The average co-op earnings over four years
What is 40K-65K?
The business function that focuses mainly on the four Ps: Product, Place, Price, and Promotion.
What is marketing?
The theoretical process through which entrepreneurship creates economic growth.
What is creative destruction?
A type of protection banks may offer if your check exceeds the amount in your account
What is Overdraft Protection?
The company funded by Kettering alum and venture capitalist, Bob Kagle, and founded by Piere Omidyar - later including Elon Musk
What is ebay?
The founder of Kettering University
Who is Major Albert Sobey?