Risky Business
The money a business makes after all costs are paid.
What is profit?
Illegally offering money or gifts to influence someone’s decisions unfairly.
What is bribery?
He co-founded Microsoft in 1975 and became one of the world's most famous tech pioneers and philanthropists.
Who is Bill Gates?
A part of a business you can buy on the stock exchange.
What is a share?
A recognizable sign, design, or expression which identifies products or services of a particular source—like Nike's swoosh.
What is a trademark (or logo)?
The total amount of money a business earns from sales before expenses are deducted.
What is revenue?
Illegally avoiding paying taxes owed to the government.
What is tax evasion? (Or tax avoidance.)
This media mogul launched her own television network (OWN) and was America's first Black multi-billionaire.
Who is Oprah Winfrey?
This insurance company claims that "Like a good neighbor, [they are] there."
What is State Farm?
This specific, distinct group of consumers at which a company aims its products and services is called this market.
What is a target market?
When a business’s costs are higher than its revenue.
What is loss?
Hiding the source of illegally-earned money to make it look legal.
What is money laundering?
He started Amazon in 1994 out of his garage as an online bookstore before expanding it into an e-commerce giant.
Who is Jeff Bezos?
This market structure is characterized by a single seller dominating the entire industry with no close substitutes.
What is a monopoly?
This fundamental financial statement shows a company's revenues, expenses, and resulting net income over a specific period.
What is an Income Statement (or Profit and Loss statement)?
Negative things a business faces like not enough customers, too much debt, strong competition, or poorly-trained staff.
What are risks?
Lying or cheating in business for financial gain.
What is fraud?
This pop star became a billionaire entrepreneur by launching her wildly successful Fenty Beauty cosmetics line and Savage X Fenty lingerie brand.
Who is Rihanna?
When two companies join together to become one.
What is a merger?
The accounting equation states that Assets equal Liabilities plus this.
What is Owner's Equity?
The basic economic problem facing all societies, resulting from having unlimited human desires but limited resources.
What is scarcity?
Hacking, data breaches or other online crimes that can steal money from a business or damage its reputation.
What are cybercrimes?
This eccentric entrepreneur co-founded PayPal, leads SpaceX, and serves as the CEO of Tesla.
Who is Elon Musk?
This metric, abbreviated as GDP, measures the total monetary value of all final goods and services produced within a country's borders in a specific time period.
What is Gross Domestic Product?
This financial term refers to the ease with which an asset can be converted into cash without affecting its market price.
What is liquidity?