Assets = Liability + Owner's Equity
What are the 4 Ps of marketing?
Product, Place, Promotion, and Price
Which company is the world's largest retailer?
Walmart
What is the largest ocean on Earth?
Pacific Ocean
True or False: Revenue increases owner's equity.
True
What do we call money owed to a business by customers?
Accounts Receivable
In what year was the Iphone first released?
2007
What is the highest grossing movie of all time?
Avatar
What type of business has only one owner?
Sole Proprietorship
What does CEO stand for?
Chief Executive officer
In the insurance business, what is the name for a person whose job it is to analyze statistics to calculate risks and price premiums accordingly?
Actuary
Mercury
Which term describes the year as to figuring out a business’s annual budget and other finances?
Fiscal
What type of business is legally separate from it's owners?
Corportation
The 2002 Eminem song "Business" is about Eminem's successful partnership with what rapper who went on to found Beats Electronics
Dr. Dre
What has keys but can’t open locks?
A piano
Which companies are known as "The Big Four"?
Deloitte, EY, KPMG, PwC
What is the term used to describe when one company controls the entire market?
A monopoly
Nike
Mount Everest is located in which mountain range?
The Himalayas