What is someone who has an idea and starts a business
200
Price of product x How many product were sold
What is the equation for money earned?
200
What is distribution?
What is how you are going to get your product out to sell
200
Who are competitors?
What is people selling the same product
200
What are the three successful components of a logo?
What is short, represents product, conjures an image
200
A person who gives money to a company with an expectation of more money returning
What is an investor?
300
Materials + Cost of labor + marketing
What is the equation for money spent?
300
What is unit production?
What is a type of manufacturing where the whole product is made by one person
300
What is value proposition?
What is one sentence that tells why you are better than your proposition
300
What is a print ad
An advertisement that is printed which catches the eye, gives a reason to buy the product and has a catch slogan/value proposition
300
Why do you need investors to start a business?
What is so that you can have enough money to pay for your materials, employees and advertising/marketing.
400
Johnathan owns a sneaker company. He spent $25 on Facebook advertisements, $50 to pay his employees and $25 on materials for each sneaker. He sold 15 sneakers for $35 per sneaker.
What is $75?
400
What is an assembly line?
What is when each part is made by a different person
400
What is differentiation?
What is how your product is different from the competition
400
What is online, magazine and poster
What are the three mediums of advertising
400
Name one value that was in your employee contract
What is be on time, focused, productive, participating, always at table, appropriate language, kind, listening when others or speaking
500
Your company spent a TOTAL of $100 to create a T shirt company. You want to sell 50 T shirts. What price should you charge to make a PROFIT of $200?
What is $6 per shirt
500
What are the four distribution channels?
What is food market, retail store, door to door, internet
500
Give an example of a value proposition
What is "a healthy, low fat snack" or a similar sentence
500
What is how you will get people to know about your product and want to buy it