Business 101
What do you call the number is assigned by the IRS and is used to identify a business for tax purposes?
What is the Employee Identification Number (EIN) or Employee ID (EID)?
What is the name of thew written document that displays detailed plans concerning a business venture?
What is a business plan?
What is the YSL Motto?
What is "We build youth that build youth."
What is the price an asset fetches in the market and is commonly used to market capitalization?
What is market value?
How many vowels are in the word entrepreneurship?
6 vowels.
These statements describe the business's purpose and how the business plans to achieve it.
Clue: Present & Future
What are the mission and the vision statements?
What do you call the property or items of value owned by a business?
What are assets?
What year did YSL start?
2020
What is the total amount of income generated by the sale of goods or services related to the company's primary operations?
What is revenue?
Name one black business.
FREE ANSWER.
What do you call a person who works for someone else?
What is an employee?
What do you call a person who owns, operates and assumes the risk of owning a business?
What is an entrepreneur?
What is the name of YSL's executive director?
Who is Mr.Brandon?
What is the monetary value that a company has spent in order to produce something?
What is the cost?
What is the name of the entrepreneur that created Amazon?
Who is Jeff Bezos?
Any entity or idea that provides a good or a service to people.
What is a business?
What does LLC stand for?
What is Limited Liability Company?
What is the overall goal of YSL?
To recruit youth throughout the city and help them start their own business.
What is the outflow of money or assets to another individual or company as payment for an item or service?
What is expenses?
Who is the founder of McDonald's?
Clue: Mr.Brandon mentioned his name last cohort.
Ray Kroc
A task completed in exchange for a payment.
What is a service?
What are some words you think about when starting a business?
Any of the vocabulary words, entrepreneurship, product, brand, marketing, sales, business plan, money, customer, etc.
What does YSL mean to you? Like how has this program helped you in any way?
FREE ANSWER
You must answer the question completely to get all the points.
What is an economic principle referring to a consumer's desire to purchase goods and services and willingness to pay a price for specific goods or services.
What is demand?
Tell me what kind of business you would like to start, your target market and what location in your community would you place your business?
FREE ANSWER
Answer the question completely to gain all of the points.