General
Famous Entrepreneurs
Starting a Business
Rewards & Risks
Vocabulary
100
What is the age limit to become an entrepreneur
none
100
Who is the founder of Ford automobiles
Henry Ford
100

What are two examples of corporate structure?

Sole Proprietorship, LLC, S-Corporation, C-Corporation, etc.

100

If you’re borrowing money to finance your business and you want to know how much interest you’ll pay on it in a year, look for the APR. What is APR an acronym for?

APR

100
What is one called who is considering going into business for themselves
Entrepreneur
200

What kind of investor provides capital for a start-up business, in exchange or ownership equity? They probably get their incredibly positive name from taking a risky investment at an early stage.

Angel Investor

200

Who is the founder of Tesla?

Elon Musk

200
What are resources needed to begin a business
Land, Labor, Capital
200
As an Entrepreneur, you control your ________
wage, hours, business, employees, etc.
200

Which F term describes the year as it pertains to figuring out your business’s annual budget and other finances? For example, looking at quarterly statements and getting your taxes in order.

Fiscal

300

Fair Isaac Corporation came up with a way to calculate your creditworthiness, but you probably know the company as what four-letter acronym that's associated with your credit score?

FICO

300

Who is the founder of Microsoft

Bill Gates

300

What is an advantage to starting your own business

Freedom, earning potential, etc.

300

An important ratio that helps home buyers determine how much house they can afford, DTI stands for what, in real-estate parlance?

Debt-to-income

300
What is all things used in producing goods and services
Resources
400

What are trends that the overall market goes through?

expansion, recession, depression, recovery; the business cycle

400

What American company is the world's largest pharmaceutical company by revenues? With over $70 billion in 2017 revenues, the company features the stock ticker "JNJ."

Johnson and Johnson

400

Other than starting a business, what is one way to become an entrepreneur?

buy a business, take over a family business, etc.

400
What is the amount of money a one puts into a business
Capital
400

In the common business or science abbreviation "R&D," what does the letter R stand for?

Research

500

As of 2018, the two countries hogging the most slots of the ten largest banks by assets under management are the U.S. and what landlocked Euro country?

Switzerland

500
Who is the founder of Wal-Mart & Sam's Club
Sam Walton
500
What is an advantage to finding a target market
understanding who to sell to, producing a product/service that will sell
500

What numerical chapter of bankruptcy under U.S. bankruptcy code allows a company to reorganize?

 

Chapter 11

500
What is the point that consumers buy all of a product that is supplied leaving neither a shortage or surplus
equilibrium or break-even point
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