Business Vocabulary 1
The amount of money that a company's owner has put into it or owns
Equity
Outside of its home city, the St. Louis Bread Company is more popularly known as what chain restaurant?
Panera
A design for the successful operation of a business
Business Model
What is the last name of the business tycoon behind the "No. 5" perfume?
Chanel
A person who starts a business/the activity of starting businesses for profit
Entrepreneur/Entrepreneurship
A right granted to an inventor that allows them to exclude all others from making, using, or selling their invention for 20 years
Patent
Pierre Omidyar founded which popular online auction company in 1995 out of San Jose, California?
Ebay
A royalty is a legally binding payment made to an individual or company for the ongoing use of their assets, including copyrighted works, franchises, and natural resources.
Royalty
What company first introduced their Chromebook hardware in 2011? The product's low price point proved popular with teachers as a 2018 estimate indicated that over 60% of classroom mobile devices in the U.S. were Chromebooks.
a risky project or business idea
Venture
Partial ownership or a position in which you stand to gain when the company performs well
Stake
Burger Kings in Russia briefly launched a cryptocurrency named after what signature burger?
Whopper
The amount for which something can be sold on a given market
Market Value
In 2014, an image of which Muppet sipping tea spawned the “but that’s none of my business” meme?
Kermit
a newly established business
Start-Up
The activity of both selling and delivering products and services from manufacturer to customer
Distribution
What American company is the world's largest pharmaceutical company by revenues? With over $94 billion in 2022 revenues, the company features the stock ticker "JNJ."
Johnson & Johnson
In the C-Suite, the CEO is the Chief Executive Office, the COO is the Chief Operating Officer, and the CFO is the Chief ______ Officer.
Finacial
The 2002 Eminem song "Business" is about Eminem's successful partnership with what rapper who went on to found Beats Electronics?
Dr. Dre
A person that puts money into a project or small business, with the hope of eventually receiving profit
Investor
It grants the owner the right to start and run a particular type of business in the city, county, state, or country that issues it
Licensing
"There's only one ______." "Get Real. Get ______." and "It's ______ or Nothin'!" are all slogans for a toy brand owned by Hasbro in which the brand's name has been removed. What is this brand? This brand sells mostly foam-based products and its late-1980s Blast-a-Ball and Arrowstorm products arguably invented an entirely new category of toys.
NERF
If you want to get a sense of your business’s fiscal health, a profit and ______ (P&L) statement can show you how much money you’re bringing in, how much is going out, and where all that money’s going.
Loss
What food manufacturing company headquartered in Battle Creek, Michigan, uses several animal mascots to sell its cereals, such as Newton the Owl, Tony the Tiger, and a rooster named Cornelius?
The Kellogg Company (Kellogg's)
Slang for your side project or business
Side hustle