Introduction
Types of Businesses
Value: People, Products, and Companies
Business Cycle
Founders
100

What do you call someone who is creating, establishing, and running a small business?

An entrepreneur
100

What type of business is not established for the purpose of making a profit?

Non-profit

100

Over/Under: Oprah valued at 3.0 billion 

Over at 3.5 billion

100

How many stages are there in the entrepreneurship cycle?

Four

100

Who is the founder of Apple?

Steve Jobs

200

What is the process of designing, launching, and managing a new business venture to make a profit? 


Entrepreneurship

200

What is a business owned by one person?

Sole Proprietorship

200

What is the iPhone 15 Pro Max (2024 Model) valued at?

$1,199 - $1,599

200

Name all four entrepreneurship business cycle stages. 

Seed, Growth, Maturity, and Decline/Renewal

200

Who is the founder of Tesla?

Elon Musk

300

What is a company of relatively limited size, as measured by its revenue, number of employees, or both?

Small Business

300

What is a business organization owned and operated by a group of individuals for their mutual benefit?

A Cooperative business

300
What is the Peloton Bike+ valued at? 

$2,495

300

Name the entrepreneurship business cycle stages in order. 

Seed, Growth, Maturity, and Decline/Renewal

300

Who is the founder of Google?

Larry Page

400

What type of business is subject to dual taxation, taxed as income for shareholders, limited liability

C Corp

400
What is Taylor Swift valued at? 

1.2 Billion

400

What is a document that outlines a company's goals and the strategies to achieve them? 

A Business Plan

400

Who is the founder of Walmart?

Sam Walton

500

What do you call someone who works in a larger business? Typically one (a business) they don't own, to foster entrepreneurial ideas and innovation. 

An intrapreneur

500

What type of business is Apple, Starbucks, McDonalds?

C Corp

500

What is Coca-Cola valued at? 

250 Billion

500

What was an example of optimization of a business during the Maturity stage? 

Examples: Automation upgrade, cost reduction, personalized marketing, loyalty programs, and valued-pricing

500

Who is the founder of Netflix? Double Points!

Reed Hastings

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