Entrepreneur
What do you call a person who starts and runs a business?
Entrepreneur
What do customers use to buy products?
Money.
What is advertising?
Telling people about a product or service.
Is a haircut a product or a service?
Service.
What business might you visit to borrow books?
Library.
Name one quality that helps entrepreneurs succeed.
Creativity, responsible, honest, hardworking, leadership, problem solver.
If a bracelet costs $4 and you sell it for $8, how much profit do you make?
$4
What is a slogan?
A short, catchy phrase that helps people remember a business.
Is a backpack a product of a service?
Product.
What Texas only business sells groceries?
H-E-B
True or False: Entrepreneurs always become successful the first time they start a business.
False
What is the money left after paying all your costs called?
Profit.
Name two ways businesses advertise.
TV, radio, newspapers, commercials, social media, billboards.
What's the difference between a product and a service?
A product is something you can buy and take home. A service is work someone does for you.
What store sells athletic wear and has a check mark for a logo?
Nike
Why do entrepreneurs invent new products?
To solve problems or meet people's needs and wants.
You spend $15 making birdhouses and sell them for $25. How much profit do you earn?
$10
Why do businesses use logos?
To help customers recognize and remember their business.
A bakery sells cookies and birthday cakes. Are these products or services?
Products
What restaurant only sells chicken and is sponsored by Post Malone?
Canes
What should an entrepreneur do if their first idea doesn't work?
Learn from mistakes, improve the idea, and try again.
What is the money you earn from selling products called?
Revenue.
What makes an advertisement convincing?
Clear information, exciting words, pictures and explaining why the product is useful.
Give one example of a service.
Haircut, car wash, lawn mowing, tutoring, pet grooming, etc.
What store does Ms. Ale work at?
Target