FBLA Basics
What does FBLA stand for?
Future Business Leaders of America
What does CEO stand for?
Chief Executive Officer
What quality would you say is most important for a leader?
Communication
What is a budget?
A plan for how money will be earned and spent.
What dies AI stand for?
Artificial intelligence
What is FBLA's main focus?
What is a business's target market?
The group of people that businesses target
What does teamwork mean?
Working together towards a common goal.
What is revenue?
Money a business earns from its operations.
What is cybersecurity?
Protecting computers, networks, and data from attacks.
Where is FBLA headquarters located?
Reston, VA
What are the 4 P's of marketing?
Product, Price, Place, Promotion
What is delegation?
Assigning tasks or responsibilities to others?
What is profit?
Revenue minus expenses
What does URL stand for?
Uniform Resource Locator
When was Virginia FBLA founded?
1942
What is branding?
Why is accountability important in leadership?
It means taking responsibility for your actions and results.
What is ROI?
Return on investment
What is cloud computing?
Using remote servers over the internet to store data.
Where was the first Virginia FBLA chapter?
Spotsylvania high school
What is marketing research?
Gathering information about customers, competitors, and the market to make buisness decisions.
Who is the state president for Virginia FBLA?
Gavin Flynn
What is compound interest?
Interest earned on both the original amount and previous accumulated interest.
What does CRM stand for?
Customer Relationship Management