Entrepreneurship 101
What do you call a person who starts a business?
Entrepreneur
What do you call the money a business makes?
Revenue
What do you call a tiny piece of ownership in a company?
Stock
What illegal act involves copying someone else’s work?
plagiarism
What do businesses use to attract customers?
Advertising
What must every business have to plan for success?
Business plan
What’s it called when a business spends more than it earns?
Loss
What’s it called when you get a small payment from your stocks?
Dividend
What do you call a document where two people agree to something?
Contract
What is the name for a catchy symbol or image that represents a company?
Logo
What do you call a test version of a product before a full launch?
Prototype
What is a list of income and expenses called?
Budget
Whats it called when you sell a stock for more money than you bought it for?
Profit
If a company lies in an ad, what is it guilty of?
False advertising
What do you call a short, memorable phrase used in marketing?
Slogan
If you start a business alone, what type of business is it?
Sole proprietorship
What do we call money a company owes, like loans?
Debt
What do you call someone who helps others buy and sell stocks?
Broker
What is it called when a company charges different prices for the same product to different people unfairly?
Price discrimination
What is it called when a company pays a celebrity to promote its product?
Endorsement
What do you call it when you raise money for a business by asking lots of people online?
Crowdfunding
What’s the term for how quickly something can be turned into cash?
Liquidity
What is the term for buying stocks and holding them for a long time?
Long-Term investing
What law protects people from being treated unfairly at work based on race, gender, or disability?
Canadian Human Rights Act (CHRA)
What’s the name for hidden ads in movies or TV shows?
product placement