Domain 1
A common financial risk that entrepreneurs encounter is __________.
bankruptcy
Which form of advertising is the most dominant medium?
Internet advertising
Jerry owns an ice cream parlor. His starting balance last month was $1,900. His ending balance was $2,200. What is Jerry's burn rate?
-$300.
How many players are on the field for one team at one time?
Eleven
What is the world's largest rainforest?
The Amazon
What is the main drawback of a sole proprietorship?
Unlimited personal liability
Investors use customer acquisition costs (CAC) to determine if a company is __________.
profitable
Tom owns a hat shop. His total monthly cost is $1,850. Each hat costs $50. How many hats must Tom sell to break even each month?
37
Which player holds the record for the most goals in the UEFA Champions League?
Cristiano Ronaldo
What are the names of the two South American countries that start with a 'B'?
Bolivia and Brazil
Mike is the owner of a doggy daycare and grooming business. The business is economically healthy, and he is looking for ways to finance future growth. In which business life cycle stage is Mike?
Success stage.
Which pricing strategy provides vendors that sell a company's goods a discounted price?
Distrubution
Which two types of information can be found on a profit and loss statement?
Revenues, Expenses
What is the name for the award given to the top individual goal scorer in a tournament?
The Golden Boot
How many major islands make up Hawaii?
Eight
Appliance World is a top-rated appliance manufacturer. Super Steel supplies metal to Appliance World to build their appliances. What type of transaction is this?
Business-to-business (B2B)
What are SWOT analysis threats?
anything that poses a risk to a company's success and growth.
Jake owns a garden supply store. His revenue at the end of last month was $12,200. What is Jake's run rate?
$146,400
Which English team is commonly known as the "Red Devils"?
Manchester United
Which mountain range begins in Canada and stretches all the way down to New Mexico?
The Rocky Mountains
Which corporation uses a double layer of taxation?
C corporation
Jonas owns a pizza shop. He had 300 customers at the end of June, 310 customers at the beginning of June, and 20 new customers in June. What is his customer retention rate for June?
90%
Deidre owns a pet store. Last month, her income was $5,500, her cost of goods was $800, and her total expenses were $2,600. What are Deidre's net income and gross income for last month?
Net income = $2,100 and Gross income = $4,700
Which club has won the most Serie A titles?
Juventus
Which country is made up of 7,000 islands?
The Philippines