Business 101
Creating Value
Teamwork and Leadership
Entrepreneurship
100
Businesses sell goods and ____ for a profit.
What are services?
100
A single share of a publicly traded company.
What is a stock?
100
Serving the people that work for you by giving them the tools they need to succeed
Who is a leader?
100
A legal right to exclude others from making, using, or selling an invention.
What is a patent?
200
A publicly owned company that reports to a Board of Directors.
What is a corporation?
200
Revenue minus expense equals...
What is income/profit?
200
Corporate officer primarily responsible for managing the financial risks of the corporation
Who is a CFO?
200
A formal statement of business goals, reasons they are attainable, and plans for reaching them.
What is a business plan?
300
Type of expenses that do not vary with the level of sales.
What is fixed?
300
A type of product manufactured by a particular company under a particular name
What is a brand?
300
CFO of the Fortune 500 company CSX
Who is Frank Lonegro?
300
Creation of a new business, sole proprietorship, family owned businesses, franchises.
What is Entrepreneurship?
400
When a business focuses on selling to other businesses instead of selling to customers.
What is business-to-business?
400
A collective term for all the tangible and intangible property.
What are assets?
400
Think, Act, Motivate, Communicate are components of...
What are the leadership?
400
A hybrid of corporations and sole proprietorships.
What is a LLC?
500
A business strategy where a business tries to have a unique product.
What is differentiation?
500
Companies directly give out cash to their shareholders with these.
What are dividends?
500
The leadership video we watched was set in the country of _____
What is India
500
A famous entrepreneur and billionaire once said “If I was down to the last dollar of my marketing budget I’d spend it on PR!”
Who is Bill Gates?
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