risks and rewards
Give one example of a risk or reward in entrepreneurship?
Risks: People not liking your stuff, losing all your money or everything you worked hard for.
Rewards: Money, aining popularity, and making others happy, helping out.
What is the slogan for Nike?
"Just Do It"
What is "COGS" (What does it stand for)?
"Cost Of Goods Sold".
What subject is ms Niven's favourite to teach?
Science or math
How many points do you have?
Actually, none! You now lose all points, sorry!
What are risks and rewards?
Risks are possibilities of failure, loss, or negative outcome.
Rewards are possibilities of a positive outcome, gain, and a good business.
What is the slogan for skittles?
"Taste The Rainbow"
What is owners equity?
The money left over for the owner after paying ALL costs for the business.
How old is ms Niven?
31
What was something fun we have done in this class?
If you said "nothing", you lose all points. If you gave an actual answer, you gain 200 points.
How can someone avoid risks?
Identifying potential hazards, setting limits and boundaries, and making sure you know what you are doing.
What is the slogan for lucky charms?
"They're Magically Delicious!"
What are the 4 ps of marketing?
Product, price, place, and promotion.
What is ms Niven's favourite animal?
Panda
What is ms Niven's zodiac sign?
Pisces.
How can someone lean toward rewards?
Identify what you want to achieve, set clear goals, and make sure to be careful.
What is the slogan for netflix?
"See Whats Next"
What is the breakeven point?
The point at which a business's total revenue equals its total costs, resulting in neither a profit nor a loss
What is ms Niven's shoe size?
6-7
What is 3+0+9+7+10?
It is 29! You've just gained 500 points! congrats 🥳
Give 5 examples of a risk and 5 examples of a reward?
Any 10 risks and rewards
What is the slogan for sharpies?
"Write Out Loud"
What is market segmentation?
When a business puts people into groups based on what they like or need, so it can sell the right stuff to the right people.
What year did ms Niven graduate from highschool?
2012.
What sound does a duck make?
you've gained nothing! You also just lost all your points 😊.