Business Buzzwords
What is a KPI?
Key Performance Indicator: a measurable value showing how well a goal is being achieved
This financial statement shows revenue minus expenses over a period of time, ending in net profit or loss.
Income Statement or (P&L)
What is a supply chain?
The network of steps and suppliers involved in producing and delivering a product
What is the name of our chapter?
Zeta Phi
What famous romance/drama movie was filmed on our campus in 2004?
The Notebook
What is an ROI?
Return on Investment
This financial statement gives a snapshot of a company's assets, liabilities, and equity at one point in time.
Balance Sheet
What is outsourcing?
Hiring an outside company to handle tasks instead of doing them in-house
What is our chapter's flower?
The Iris
How many dorms and housing complexes are on our campus?
11
What does B2B mean?
Business to business
What is a "monopoly"?
A market structure where a single company dominates and controls supply
What does "scalability" mean?
A business's ability to grow without being held back by its structure or resources
Where was PCT founded?
Chicago, Illinois
How many acres is our campus?
95 acres
What does "due diligence" mean?
The research and verification done before making a business decision, like an acquisition
What does "liquidity" mean?
How quickly an asset can be converted into cash without losing value
What does economies of scale mean?
Cost advantages a company gains as production increases
What year was PCT founded?
1924
When was CofC founded?
1770
What does "peel the onion" mean?
To dig deeper into a problem, layer by layer
What is a "trade deficit"?
When a country imports more than it exports
What does "blue ocean strategy" mean?
Creating a new, uncontested market space instead of competing in an existing one
When was PCT brought to CofC?
April 12th, 2019
This animal lives in Northern parts of North America and is the largest member of the deer family.
What is a Moose?