What term describes the money left after subtracting expenses from revenue?
Profit
Which fast-food chain is known for its "Eat Fresh" slogan and submarine sandwiches?
Subway
Which famous inventor is credited with the invention of the light bulb?
Thomas Edison
What is the process called when an employee leaves a company voluntarily?
a) Termination
b) Resignation
c) Dismissal
d) Layoff
b) Resignation
What does "CEO" stand for in the business world?
Chief Executive Officer
What is the purpose of a balance sheet in accounting?
a) To record daily transactions
b) To measure a company's financial performance over a period of time
c) To summarize a company's financial position at a specific point in time
d) To calculate taxes owed by the company
c) To summarize a company's financial position at a specific point in time
What does the acronym "CRM" stand for in the field of sales and marketing?
Customer Relationship Management
What is the term for a business’s legal protection of its inventions and exclusive rights?
Patent
What is the purpose of a performance appraisal?
a) To determine employee salaries
b) To evaluate employee job satisfaction
c) To assess employee performance and provide feedback
d) To select candidates for promotion
c) To assess employee performance and provide feedback
What do the abbreviation from SWOT analysis stand for?
Strengths, Weaknesses, Opportunities, Threats
What is the difference between gross profit and net profit?
a) Gross profit is before taxes, while net profit is after taxes
b) Gross profit includes all expenses, while net profit excludes certain expenses
c) Gross profit is revenue minus cost of goods sold, while net profit is revenue minus all expenses
d) Gross profit is only applicable to manufacturing companies, while net profit applies to all companies
c) Gross profit is revenue minus cost of goods sold, while net profit is revenue minus all expenses
What is the largest coffeehouse chain in the world?
Starbucks
What is the name of the chemical element with the symbol "Fe" and atomic number 26?
Iron
In what country is the Chernobyl nuclear plant located?
Ukraine
What term is used to describe the process of influencing and motivating individuals to achieve organizational goals?
Hint: Starts with "L"
Leadership
What country has won the most World Cups?
Brazil
What is the largest e-commerce company in China?
Alibaba
What is the largest online retailer in the world?
Amazon
What is the term for preferential hiring of relatives and friends even though others might be more qualified for a specific position?
Hint: Starts with "N"
Nepotism
In business, what does the acronym “KPI” stand for?
Key Performance Indicator
What is the financial institution that provides services for saving, borrowing, and exchanging currencies?
Bank
What is the largest fast-food chain in the world by the number of locations?
Subway
What is the name of the process by which plants convert light energy into chemical energy to produce their own food?
Photosynthesis
What is the meaning of the abbreviation CSR in the field of business?
Corporate Social Responsibility
Who was the first Disney princess?
Snow White