Random Business Facts
This fast-food chain was started by Ray Kroc, but originally created by two brothers in California.
What is McDonald’s
This company started as an online bookstore before expanding into everything
What is Amazon
Selling jerseys, hats, and equipment is an example of this type of revenue
What is merchandise
Money a person or business earns from working or selling something
What is income
This social media app, launched in 2016, quickly became popular for short-form videos.
What is TikTok
This streaming company originally mailed DVDs to customers before going digital
What is Netflix?
This company began in a garage building computers before becoming a global tech giant
What is Apple
When a company pays to have its logo on a team’s jersey or arena, this is called a __________
What is sponsorship
If you spend $20 to make bracelets and sell them for $50, the money you gain is called __________
What is profit
This celebrity created a popular shapewear brand called SKIMS
Who is Kim Kardashian
This athlete became a billionaire largely through brand deals, not just playing their sport
Who is Michael Jordan
This sportswear company was originally called “Blue Ribbon Sports” before changing its name.
What is Nike
This tech company signed a $2 billion deal with the NFL in 2022 for Sunday Ticket streaming rights
What is YouTube (Google)
Money a business spends to operate, like rent or supplies
What are expenses
This video-sharing platform, owned by Google, allows creators to earn money through ads and has become one of the biggest entertainment platforms in the world.
What is Youtube
This social media app was bought for $1 billion when it had only about a dozen employees
What is Instagram?
This company changed its name to Meta in 2021 to focus on the metaverse.
What is Facebook
This company pays billions to be the official broadcaster of the Olympics in the U.S.
What is NBC
If a business has high expenses and low sales, it will likely operate at a __________
What is a loss
This singer turned her fame into a billion-dollar beauty brand called Fenty
Who is Rihanna
This global company owns drink brands such as Powerade, Fanta, and Smartwater, showing product diversification beyond their main product
What is Coca-Cola
This co-founder helped create a major social media platform while at Harvard
Who is Mark Zuckerberg
In 2024, this company replaced Adidas as the NHL’s official jersey manufacturer, marking a major shift in league apparel rights.
What is Fanatics
If a product becomes popular on TikTok and sells out quickly, this shows high demand and limited __________
What is supply
This rapper and entrepreneur built a billion-dollar brand through his music, fashion, and headphone company
Who is Dr. Dre