Consumer Buying Habits
What is the most used online shopping site?
Finish the statement, high risk/_______?
high reward
What is a balance sheet?
A statement of a company’s financial situation at a single point in time
What is the most common degree within business?
Accounting
What is a CEO
Highest officer charged with management over a group or business
What is the most popular category bought?
clothing/fashion
What is the process of setting up a business called?
Entrepreneurship
What is an IPO?
Initial Public Offering
What is the average age of a business owner?
40 +
What is the role of a consultant?
A professional that provides advice or services in a area of specialization
How much of your day is spent online shopping?
2 hours
What is the definition of an entrepreneur?
A person who undertakes the risk of starting a new business venture is called an entrepreneur.
What does b2b mean in the business world
Business to business
What is the biggest company by market cap?
Apple
What is the purpose of a middle manager
A middle manager's job is to connect the business executives to the front line works
What is the biggest brick and mortar store?
Macy's
Name one type of entrepreneur?
Builder
Opportunist
Innovator
Specialist
What is a Lean?
A strategy or methodology that focuses on creating the most value, using the least resources possible.
What percentage of businesses fail during the first 5 years?
45%
What is the key role of a Vice President
Oversee and execute the president's decisions.
How many malls are left in America?
700
Entrepreneurship is one resource economists categorize as integral to production, what are the other three?
land/natural resources
Labor
Capital
What is the “valley of death" referring to in business?
This refers to the large gap in funding for early-stage startups or research.
What percentage of people own a business?
9%
What is the job of a quality control manager?
The job of a quality manager is to make sure that the workplace is safe for both the and the customer's goods.