Business Types
What is the most numerous type of business
Sole Proprietorship
What do stocks represent?
Ownership share in a company
What type of retirement account's contributions are considered post tax income?
Roth IRA
What is it called when someone trades stocks based on an information advantage. (Hint: It is illegal.)
Insider Trading
What are the four factors of production?
Land, Labor, Capital, and Entrepreneurship
What type of business has 2 or more owners?
Partnership
The amount of stocks available on the market.
What is shares outstanding?
What type of long term investment tool is professionally managed?
Mutual Funds
What government agency investigates insider trading? (Double Points if you can tell me what it stands for.)
SEC (Securities and Exchange Commission)
What is the name for when two companies who produce the same thing combine to form one?
Horizontal Merger
What business type requires a charter from the government?
Corporation
NYSE or New York Stock Exchange
This type of retirement account can be sponsored by your employer.
401K
T or F: Insider trading is legal and ethical.
False
What is the name for when two companies who operate at different levels in the same supply chain combine to form one?
Vertical Merger
Walmart is an example of what business type?
Corporation
T or F: Stocks always increase in value.
False
What type of retirement account is taxed when money is withdrawn?
Who is the famous chef who was investigated and convicted for insider trading in the early 2000's?
Martha Stewart
What is the name from when a company operates on numerous other countries?
Multinational Corporation
What is the easiest business type to start?
Sole Proprietorship
How do you calculate a stocks market cap?
Share Price × Shares Outstanding
What is the minimum age to withdrawal money from a traditional IRA and receive no penalty or fee?
59 1/2
What a are the three reasons people buy stocks?
To have a say in how the corporation is managed, to make money, and to own a part of the company
The name for a corporation made up of several distinct, often unrelated business entities operating under a single parent company.
Conglomerate