Political
The type of ownership that involves unlimited risk exposure, shared control, and simple & inexpensive formation
What is a Partnership?
The simplified yield formula
What is What You Made / What You Paid?
The four factors that determine cohort characteristics
What are Economics, Technology, Parenting, and World Events?
The three elements of Technology
What are the internet, information technologies, and materials & equipment?
The four questions to ask before expanding internationally
What are:
Can we?
Should we?
Where?
How?
The three ways businesses influence government
What are lobbying, collaboration/input, and advertising?
What are Banks & Alternate Banks, Specialized Lending and Saving Intermediaries, and Investment Brokers?
The four elements of social factors
What are customs, habits, values/attitudes, and demographic characteristics?
The five industries radically changed by technology
What are music, travel, transportation, publishing, and retail?
The four strategies in the Ansoff Matrix
What are Market Penetration, Market Development, Product Development, and Diversification?
The four roles/impacts of the government
What are service provider, business support, laws and regulation, and taxation?
The two key assumptions used for Bonds & Stocks (hint: one each)
What are a Face Value of $1000 and a 2% commission?
The four things we look for in demographics
What are cohort size, cohort characteristics, cohort participation, and futures & trends?
Something with different performance attributes not valued by the mainstream that improves rapidly before entering the mainstream
What is a disruptive innovation?
The extent to which a customer is committed to a service
What is "lock-in"?
The six international entry strategies
What are Indirect Export, Sales Agent or Distributor, Licensing & Franchising, Alliance or Joint Venture, Local Sales Office, and Foreign Subsidiary?
The difference between variable and fixed costs
What is being determined on a per unit basis?
The generational cohort that values quality over brand
The theory where availability of complementary good increases attractiveness to users which increases attractiveness to to producers of complementary goods in an infinite loop
What is the vicious and virtuous cycle?
The three key current business tools
What are e-commerce & omnichannel, VR & AR, and AI?
The risks/costs associated with a Joint Venture
What are time, personnel, and money?
The steps to solving a retirement problem (hint: not VENT/VEST)
What is a timeline, PVOA of retirement withdrawals, and PMT values of savings deposits using the FVOA formula?
The key implications of the current (and predicted) status of the Canadian population pyramid
The four types of innovation
Common knowledge to have regarding estimation
**You will get the points if you name at least 5/9**
What are:
Canadian population 40 mil.
Life expectancy 83 years; Median age 40.8 years
People per household 2.5
Median household income $61,400
Smartphone penetration: 86%
Online shopping 28.1 mil. people
Urban: 81% ; Toronto, Montreal, Calgary, Ottawa, Edmonton, Vancouver