Unit 1&2
What is the definition of an intrepreneur?
Acts like an entrepreneur within the business, creating a new business or venture within an organisation
What artist has the most streams on Spotify?
Taylor Swift
What is working capital?
The money needed to pay for raw materials, day to day running costs, such as the employees, credit offered to customers
Which swimmer has won the most Olympic gold medals in history?
Michael Phelps
The Industrial Revolution began in which country in the late 1700s?
Britain
What is an employee welfare?
Employee's health, saftey and level of morale when at work
Complete the following lyrics: "I should have changed that stupid lock....."
I should have made you leave your key
What is debt factoring?
a financial transaction where a business sells its accounts receivable (invoices or outstanding payments from customers) to a third party, known as a factor, for a discounted amount.
What sporting event has a strict dress code of all white?
Wimbledon
Who was the first President of the United States?
George Washington
People (social), planet (environmental), profit (financial) are considered or called what?
Triple bottom line objective
Who was Taylor Swifts longest relationship?
How to calculate break even
Fixed Cost / Sales price per unit - Variable cost per unit
Which country has won the most UEFA European Championships?
Germany
Which event is widely considered to have triggered World War I in 1914?
The assassination of Archduke Franz Ferdinand
Integration (merger or takeover) with a business in a different industry is called what?
Conglomerate
What company memorably used the ad slogan “Think Different”?
Apple
What are two limitations of budgeting?
unnessecary spending
focuses on short term
lack of flexibility
Who is the all-time top scorer in La Liga history?
Lionel Messi
Which treaty officially ended World War I in 1919?
Treaty of Versailles
What is the Expectancy theory? (Vroom)
Individuals will choose to behave in ways they believe will lead to outcomes they value and that there is a positive link between effort and performance
How many main Star Wars movies are there (not including spinoffs like Rogue One: A Star Wars Story and Solo: A Star Wars Story)?
What is Variance Analysis?
Calculation of the differences between budgets and actual figures
Which sport uses the terms birdie, eagle, and bogey?
Golf
What year was the United Nations established?
1945