FBLA Trivia
What does FBLA stand for?
Future Business Leaders of America
What do you call someone who starts a business?
Entrepreneur
What are the 4 factors of production?
Land, Labor, Capital, Entrepreneurship
When is the Membership Application due?
Wednesday, October 2nd, at 11:59 p.m.!
How many categories of competitive events are there and what are they?
2 - Objective Test & Presentation
What does COO stand for?
Chief Operating Officer
What are the four P's of marketing?
Product, Price, Place, Promotion
What day will most FBLA meetings be on?
Wednesday
True or False: FBLA is the largest career and technical student organization in America, but not the World.
False - FBLA is the largest in the world!
What is an example of marketing?
- Advertising (Billboards, Commercials, etc.)
- Email Marketing
- Social Media Marketing
What does it mean to have equity in a company?
It means to have an ownership stake in a company.
What are two things Seniors need to do to get a cord/stole?
- Attend 4 meetings
- Volunteer at SYA
- Participate in 1 fundraiser
Where is the FBLA headquarters located?
A. Reston, VA
B. Orlando, FL
C. Atlanta, GA
D. Baltimore, MD
A. Reston, VA
What is the difference between a product and a service?
Product - A tangible item that can be owned
Service - An act performed for the benefit of a customer
True or False: A franchisee is the one to be granted rights to operate a location of a franchise.
True
How many honor member points can you get from serving as a Middle School Outreach Committee MEMBER?
2 points.
What are the 3 words on the FBLA emblem?
Service, Education, Progress
Sole Proprietorship, Partnership, Corporation
What is a Cooperative Business (Co-op)?
A business that is owned, run, and controlled by its members (member-owners) who also use its products and services.
What is a component of the Business Achievement Awards (BAA)?
The Capstone Project