Business Essentials
Name the two categories of wants.
Economic and Non Economic
Productive resources; human and natural resources and capital goods.
Factors of Production
Zendaya competed on which reality show?
Dancing with the Stars
Which sport uses a shuttlecock?
Badminton.
To the left, to the left,
everything you own in a box to the left – (Irreplaceable, Beyonce)
Manufactured or constructed items that are used in the production of goods and services.
Capital Goods
Finish the following jingle: Give me a break.... ***TRIPLE points for singing it***
Give me a break, break me off a piece of that kit kat bar.
What year did Drake release his first album?
2010
Which superhero got their power after inhaling nuclear fumes?
The Flash
What is a factor that affects a business's relations with its customers?
Attitude of Employees
Seeing a movie at a theater would be considered a(n) __________ want.
Economic
Tom Holland lip-synced to what song on Lip Sync Battle?
Umbrella
How old was Tiger Woods when he won his first Masters?
21
Do you ever feel, like a plastic bag, Drifting through the wind,
Wanting to start again? – (Katy Perry, Firework)
Products produced for personal consumption.
Consumer Products
Milk chocolate was invented in which country?
Switzerland
What year was Taylor Swift born?
1989
Which Marvel writer worked for DC Comics?
Stan Lee
Water and air are examples of __________ resources
Which category in FOP is considered the gray area?
Entrepreneurs
Which actor voiced both Darth Vader and The Lion King‘s Mufasa?
James Earl Jones
Which team has the record of scoring the most points in a single Super Bowl?
San Francisco 49ers
Take my hand, take my whole life too,
but I can’t help falling in love with you – (Elvis Presley, Can’t Help Falling In Love)
The economic process or activity by which income is divided among resource owners and producers.
Distribution
Which candy is “Sour Then Sweet”?
Sour Patch Kids
Taylor won her first Grammy award for which song?
White Horse
Who are the members of the Gotham City Sirens?
Cat Woman, Harley Quinn, Poison Ivy
Farms, mines, and lumber companies are examples of? **DOUBLE POINTS for the specific type.**
Producers, **DOUBLE points for Raw goods producers**
Buildings, equipment, and tools are examples of ______.
Capital Goods
Drake had his start on which teen drama?
Degrassi: The Next Generation.
What wide receiver caused a sensation during his rookie season with a one-handed catch?
OBJ
Don’t want to close my eyes I don’t want to fall asleep
‘Cause I’d miss you baby And I don’t want to miss a thing – (Aerosmith, I Don’t Want to Miss a Thing)
The study of how to meet unlimited, competing wants with limited resources.
Economics
What is the marketing slogan for Skittles?
Taste the Rainbow.
How tall is Drake? EXACT answer required
6 feet
In how many seconds can Green Arrow shoot and reload?
Two and a half seconds.
A company that transforms cotton into wearable clothing is considered a
manufacturer
A gap between unlimited wants and limited resources creates?
Scarcity
Who did Britney Spears kiss onstage at the 2003 MTV Video Music Awards?
Madonna
Which NFL team has their logo located on only one side of their helmets?
Steelers
Say it ain’t so, I will not go
Turn the lights off, carry me home – (Blink-182, All the Small Things)
The economic process of trading one good/service for another.
Exchange
What is the number one selling candy in the US ?
Reeses PB Cups
What famous rapper interrupted Taylor Swift’s speech at the 2009 VMA’s?
Kanye West
What was Wonder Woman originally named?
Suprema
The two main divisions of the trade industry are?
Wholesalers and Retailers
The heart of economics is?
Decision Making
15 Years after Friends ended, Jennifer Aniston made her return to TV on what show?
The Morning Show.
Who was the first president to throw the ceremonial first pitch at a Major League Baseball game?
William Howard Taft
Look, if you had, one shot, or one opportunity to seize everything you ever wanted,
in one moment, would you capture it, or just let it slip? – (Eminem, Lose Yourself)
Economic principle which states that the quantity of a good or service that will be offered for sale varies in direct relation to its price.
Law of Supply
Which nut is contained within a Ferrero Rocher?
hazelnut
Which actor got a tattoo with the acronym YOLO after Drake popularized it?
Zac Efron
Who is the only superhero that was a member of both the Justice League and the Avengers?
Hawkeye
Retailing takes place whenever goods are
sold to the ultimate consumer.
In business terms, what is profit?
Monetary Reward
Which artist made history in 2020 as the youngest winner of the Grammys’ four main categories?
Billie Eilish
The classic 1980 movie called Raging Bull is about which real-life boxer
Jake LaMotta.
And I saw my reflection in the snow-covered hills
Till the landslide brought me down. (Landslide, Fleetwood Mac)
Economic principle which states that the quantity of a good or service that people will buy varies inversely with the price of the good or service.
Law of demand
What does M&M stand for? **DOUBLE POINTS if you know why**
Mars and Murrie **DOUBLE POINTS for knowing those are the last names of the founders.
What is Taylor Swift's middle name?
Allison
What is Batman's favorite food?
Mulligatawny soup
The ethical principle that considers the long-term value of your choices.
Viability
Why are resources considered limited?
There are not enough available for everyone to have as much as they desire
How long was Kim Kardashian married to NBA star Kris Humphries?
72 days
Who was the first WNBA player to dunk in a playoff game?
Brittney Griener
I’m sorry miss Jackson,I am for real
Never meant to make your daughter cry. I apologize a trillion times (Outkast, Ms. Jackson)
Economic principle which states that the supply of a good or service will increase when demand is great and decrease when demand is low.
Law of Supply and Demand
What candy from Korea was made famous by the hit show, Squid Games?
Dalonga Candy
What country is Drake in at the end of the music video for his song 'Started from the Bottom'?
Dominican Republic
What is the spiciest food in the DC Universe?
Green Arrow's chili
Following your teacher’s guidelines is an example of which ethical principle?
Rule of Law
Which of the factors that affect profit are usually able to be controlled?
Expenses and Pricing
Which iconic singer-songwriter was born Robert Allen Zimmerman in 1941?
Bob Dylan
When he was just in eighth grade, what NBA coach appeared on Late Night with David Letterman?
Frank Vogel
There she stood in the doorway/I heard the mission bell/ And I was thinking to myself
This could be Heaven or this could be Hell. (Hotel California, The Eagles)
A condition resulting from the gap between limited resources and unlimited wants for goods and services.
Scarcity
What candy was provided to soldiers in World War II in their rations?
Tootsie Rolls
Where was Taylor discovered?
Bluebird Cafe
Which DC character was once hired by the Easter Bunny to kill Santa?
Lobo
A customer is looking at an expensive product, but Vaughn knows that the product won’t actually meet the customer’s needs. Instead, he suggests a less expensive model that will be a better fit. Vaughn is building trust in his relationship with the customer by demonstrating which ethical principle?
Transparency
Three words that describe our wants:
Unlimited, changing, competing
Which two Oscar-winning actresses with the same first name co-starred in Cruella?
Emma Stone and Emma Thompson.
What are the two states in the United States that have yet to send a team to the NCAA tournament?
Alaska and Maine
**DOUBLE POINTS earned for artist name**
Now, I’ve had the time of my life No, I never felt like this before
Yes, I swear it’s the truth And I owe it all to you
**DOUBLE POINTS for Bill Medley
Giving up all or a part of one thing in order to get something else. **DOUBLE POINTS** for using the non-vocab term we used in class
Trade-off **DOUBLE POINTS for using the term Opportunity Cost
What profession did the inventor of cotton candy have?
Dentist
Which band was Drake due to perform a concert with in New York, but it got canceled due to a riot?
Hanson
What is the alias of the common disguise adopted by Batman to infiltrate Gotham City's criminal underworld zone?
Matches Malone