BizWorld 1
BizWorld is a project where students learn about the ____________ cycle? Hint: starts with an E
Entrepreneurial
Which job position has the motto "Be responsible and work together?"
CEO
What animal, at one point, overpopulated St. Matthew island?
Reindeer
What has 4 legs but can't walk?
A table
What state did Ms. Sanborn used to live in?
South Carolina
A venture capitalist will give you money, but they will take _______ away from your company.
Stock
Which job position is responsible for keeping track of the money?
VP of Finance
What endangered fish was caught and sold for over a million dollars recently?
Bluefin Tuna
What goes up but never comes down?
Your age
What exciting life event happened this past year to Ms. Sanborn?
Got married
When you borrow money from the bank, you must pay it back PLUS ________.
Interest
What is the difference between a deposit and a withdrawal?
Deposit- put money into account
Withdrawal- take money out of account
What is the difference between a non-native species and an invasive species?
Neither are native to the area, but invasive is harmful; non-native are not.
What has wheels, flies, and is NOT an aircraft?
A garbage truck
What pet does Ms. Sanborn have?
Dog
True or False: Sales is in the middle of the entrepreneurial cycle because you are always selling.
False
How many shares of stock did each company receive?
10 shares (100%)
The name of the Nashua River was originally named the Nash-A-Way. What does Nash-A-Way mean?
River with the pebbled bottom.
A butcher in the store is 5 feet and 10 inches tall. What does he weigh?
He weighs meat
How many siblings does Ms. Sanborn have?
1 (brother)
What is the profit equation:
a. Expenses - Profit = Revenue
b. Rent - Interest = Profit (or Loss)
c. Revenue - Expenses = Profit (or Loss)
d. Expenses x Revenue = Profit
c. Revenue - Expenses = Profit (or Loss)
Money a company earns from selling a product or service is called
a. Revenue.
b. Profit.
c. Cash on hand.
d. Capital.
a. Revenue
Spring
Say my name and I disappear. What am I?
Silence
True or False: Ms. Sanborn HATES coffee.
False. I LOVE it.