Business Basics
What is the term for the money that a business earns when they sell stuff?
Revenue/sales
Who founded the company that started out as an online bookstore.
Jeff Bezos
These people invest in startups in return for equity/ownership, usually in their early stages. What are these people called?
Angel investors
What fast-food chain is known for their slogan, "I'm lovin' it"
McDonald's
What are the 4 Ps of marketing?
Product, Price, Place, Promotion
Who is the co-founder of the Fenty Beauty makeup brand?
Rihanna
What's the term for funds investors give to companies in return for part ownership/equity?
Venture Capital
Which famous sponge brand started off as a business in shark tank?
Scrub Daddy
What is the term used to describe profits earned after all expenses have been deducted from sales?
Net profit
Who co-founded Apple alongside Steve Jobs?
Steve Wozniak
What is it called when a company's shares become publicly traded?
Initial Public Offering/IPO
Which luxury fashion brand is known for their red-soled shoes?
Christian Louboutin
What type of company protects its customers from limited liability?
Limited Liability Company/LLC
Who is the founder of Canva, the online design platform used by over 100 million people worldwide?
Melanie Perkins
What does MVP stand for?
Minimum Viable Product
Which brand was originally called “Blue Ribbon Sports” before rebranding in 1971?
Nike