STARTUP SPRINT: RACE TO SUCCESS 2

Finance & Accounting

1

What does ROI stand for?

Return on Investment

1

What are the two main financial reports that must be reported to external stakeholders, regulators, and stockholders?

Balance Sheet and Income Statement

1

What term refers to the total amount of money a firm receives by selling goods or services?

Revenue

1

Which street is famous for stock exchange market?

Wall Street

1

[EVENT] 

The stock market crashed and now the company's stock lost $300,000!

All Finance and Accounting Departments = -50

Sales & Marketing

1

What is the last name of the business tycoon behind the "No. 5" perfume?

Chanel

1

What is Prof. Lee Hyegyu's favorite color?

Purple

1

The four P's of Marketing (the four main functions).

product, price, place, and promotion

1

Which of the following marketing strategies involves offering a free product or service to customers in the hope that they will eventually pay for additional features or services?
A) Freemium
B) Bundling
C) Affiliate Marketing
D) Loyalty Program

a) Freemium

1

[EVENT] 

Your marketing campaign focuses heavily on influencer marketing, with a large chunk of the budget going toward influencers with millions of followers. However, these influencers' audiences don't align well with your product's image. This caused you to lose hundreds of dollars to failed marketing strategies. 

All Marketing Department = -50

Research & Development

1

What is the role of intellectual property (IP) in R&D?

A) To create marketing materials

B) To protect and commercialize innovations

C) To manage project budgets

D) To conduct financial audits

B) To protect and commercialize innovations

1

What is the primary purpose of R&D within a company?

To innovate and develop new products or processes

1

Which of the following is a common R&D activity?

A) Market analysis

B) Product prototyping

C) Financial auditing

D) Customer service

B) Product prototyping

1

Which of the following is NOT typically a component of R&D?

A) Innovation

B) Market research

C) Quality control

D) Product launch

 D) Product launch

1

What is the best legal protection for a newly developed product? 

A) Trademark 

B) Property 

C) Patent 

D) Copyright

C) Patent

Human Resource

1

What social media platform is known for its professional networking features and is often used for recruiting and job searching?

LinkedIn

1

What is the name of the machine that allows you to send documents over a phone line?

Fax Machine

1

You will more likely be hired if you wear this color. Hint: Known as the “successful” color.

Blue

1

Which theory in HRM emphasizes that employees are motivated by fulfilling their basic, psychological, and self-fulfillment needs?
A) Herzberg’s Two-Factor Theory
B) Maslow's Hierarchy of Needs
C) Vroom’s Expectancy Theory
D) McClelland’s Theory of Needs 

B) Maslow's Hierarchy of Needs

1

What does “CV” Stand for?

Curriculum Vitae

General

1

What is name for the practice among those with power or influence of favoring relatives, friends, or associates, especially by giving them jobs?

Nepotism

1

What does CFO stand for?

Chief Financial Officer

1

What was God’s sign to Noah that he would never destroy the earth again?

Rainbow

1

What is a written or spoken agreement, especially one concerning employment, sales, or tenancy, that is intended to be enforceable by law.

Contract

1

What is the name of the largest technology company in South Korea?

Samsung