Brands & Logos
Which fast-food business has golden arches?
McDonald's
What do we call money used to buy things?
Money or cash
What do we call people who buy from a business?
Customers
You buy something for $5 and sell it for $10. Deal or No Deal?
Deal – potential profit
All businesses need customers.
True – to generate sales
Which sports brand has a swoosh logo?
Nike
What is profit?
Money left after expenses
Why do businesses advertise?
To attract customers
Someone offers you stolen phones to resell. Deal or No Deal?
No Deal – illegal
Every business makes a profit.
False
Which Australian hardware business is famous for sausage sizzles?
Bunnings
You buy a shirt for $20 and sell it for $35. What's your profit before other costs?
$15
What is an entrepreneur?
Someone who starts or develops a business
You open a takeaway shop without checking if anyone wants your food. Deal or No Deal?
No Deal – poor planning
A business can sell both goods and services.
True
Which car company has four rings in its logo?
Audi
What is a budget?
A plan for managing money
What is a franchise?
A business operating under an established brand
A customer complains about bad service. You apologise and fix the problem. Deal or No Deal?
Deal – good customer service
A business with lots of sales can still lose money.
True
Which Australian airline has a kangaroo on its tail?
Qantas
A shop earns $2,000 and has $1,500 in expenses. What's its profit?
$500
Why is a good business reputation important?
It builds trust and attracts customers
You invest all your savings in a business without researching it. Deal or No Deal?
No Deal – too risky
Selling counterfeit products as genuine branded goods is a legitimate business strategy.
False