Vocabulary
What is "people who see a need and then create a business to fill that need" are called?
Entrepreneurs
What do entrepreneurs have to present to potential investors into their business?
A business plan-talks about your business and what will be going on in it.
Someone who creates and innovates within the realm of the company that employs them is called an...
A. ecoprenuer B. antipreneur C. intrapreneuer D. entrepreneur
C. intrapreneuer
Which red, round product is a fruit and not a vegetable?
Tomato
What year did Elvis die?
1977
What is "an overview of the business's strength, weaknesses, oppurtunities, and threats"?
SWOT Analysis
Why do businesses that haven't been open for a while, go out of business so early?
There is a lack of business experience or business knowledge by their owners.
In a business plan, which part includes an overview of its products and services?
A. Internal structure B. SWOT analysis C. Competitive analysis D. Mission statement
B. SWOT analysis
According to CNN, what is the most popular cuisine in the world.
A. Chinese B. Italian C. American D. Mexican
B. Italian
Which city is often referred to as the birthplace of jazz?
New Orleans
What is "people who create and innovate new ideas within an existing company"?
Intrapreneurs
Name at least 2 traits of an entrepreneur!
1. They have a vision!
2. They have passion!
3. They are strong willed & determined!
4. They are relationship builders!
5. They are willing to fail & learn!
6. They have grit & show resilience!
Which attribute describes an entrepreneur who sticks to the business even when it is not fun?
A. Vision B. Passion C. Resilience D. Determined
D. Determined
What is the first original mascot of McDonald's in 1948?
Speedee
What is the name of Rihanna's cosmetic line?
Fenty Beauty
What is "information on to whom and how the business will market"?
Market Analysis
Why is it important to have an intrapreneur?
They give you ideas for your business and how to be better than your competitors.
Which of the following would be considered a barrier to entry?
A. The actual costs of starting the business B. Developing a business plan C. Determining the name of the business D. Creating PR communications
A. The actual costs of starting the business
Which is the only US state that grows and produces coffee?
A. Texas B. Tennessee C. Hawaii D. California
C. Hawaii
What was Taylor Swift's first released song?
Tim McGraw
What is "money that is lent in return for a portion of ownership in the business"?
Equity Financing
Name at least 3 factors that affect the economy & the businesses in it!
1. Supply & Demand
2. Weather/Natural Disasters
3. Politics
4. Current Trends
5. Exchange Rates
6. Health Crises
What is the function of a chamber of commerce?
A. To promote the interest of a business on the local level. B. To provide networking opportunities,mentoring, and capital. C. To provide low-cost advice and training for entrepreneurs and their businesses. D. To promote networking, lobbying, and educational opportunities to their members.
A. To promote the interest of a business on the local level
Did hot dogs come from the USA or Germany?
Germany
Before becoming famous, where did Harry Styles work?
At a bakery