ENTREPRENEURSHIP
What is an entrepreneur?
This is someone who starts and runs their own business.
The 4 Ps stand for Product, Price, Place, and this.
Promotion
This CEO founded Tesla and SpaceX.
Elon Musk
This ride-sharing company was founded in 2009.
Uber
What is inflation?
When prices rise over time, it is called this.
What is a business plan?
This document outlines a company’s goals, strategy, and finances.
What is a target market?
This group of consumers a company aims its product toward.
This business leader founded Amazon.
Jeff Bezos
This short-form video app is owned by ByteDance.
TikTok
Money people earn from working is called this.
Income
What is equity?
Money invested into a startup in exchange for ownership is called this.
What helps create a brand identity?
A logo and slogan together help create this.
She is the CEO of General Motors.
Mary Barra
This subscription streaming service started as a DVD rental company.
Netflix
What is decrease?
When supply is greater than demand, prices usually do this.
What is a value proposition?
This term describes the unique value a company offers customers.
What is influencer marketing?
Paying influencers to promote products is an example of this type of marketing.
He co-founded Apple with Steve Jobs.
Steve Wozniak
Airbnb makes money primarily by charging this.
Service fees
A place where people buy and sell goods is called a ______.
Market
What is a pivot?
When a company changes direction to improve success, it’s called this.
What is customer acquisition cost (CAC)?
This metric measures how much it costs to gain a new customer.
This CEO runs Meta (formerly Facebook).
Mark Zuckerberg
What is a unicorn? (In Business)
This term describes companies valued at over $1 billion.
When a business is the only one selling a product, it is called this.
Monopoly