True or False
Impact
Tik Tok's different activities
Business Definitions
Facts
100
The Tik Tok ban involved the Supreme Court.
TRUE, The ban was a law put in place by the Supreme Court under multiple acts.
100
Who was the first country to ban Tik Tok?
India
100
How many businesses use Tik Tok?
A) 1 million
B) 7 million
C) 8 million
D) Just under 10 million
B) 7 million (around)
100
What is the Profit equation?
Profit = Revenue - Expenses
100
Who is the CEO of Tik Tok?
Shou Zi Chew
200
Tik Tok will be banned in Canada by the end of this year.
FALSE, Canada has no plan to ban Tik Tok currently.
200
How many Chinese apps were banned in India alongside Tik Tok?
A) 20+
B) 40+
C) 50+
D) Just Tik Tok
C) 50+
200
Why does Tik Tok invest in Data analytics?
To improve its services and attract advertisers
200
What is a Market?
A space (physical or digital) where buyers and sellers interact to exchange goods, services, or information.
200
Who was the president of America that MANDATED the Tik Tok ban?
Joe Biden
300
ByteDance is the parent company of Tik Tok.
TRUE, ByteDance is the parent company.
300
How could China retaliate if The Unites States decides to permanently ban Tik Tok?
By restricting American companies in China.
300
Does Tik Tok's management team manage every business themselves? Yes or No.
No, Their management team does not manage each individual business.
300
What does advertising do?
Promotes products, services, or brands.
300
Who was the president of America that POSTPONED the Tik Tok ban?
(current) President Donald Trump
400
The Canadian Security Intelligence Service (CSIS) has warned Canadians against using TikTok.
TRUE, CSIS discourages Tik Tok.
400
What could happen to Canada if America bans Tik Tok?
Canada may follow suit and also ban Tik Tok.
400
Tik Tok uses _________ ________ and humans to monitor community guidelines.
Artificial intelligence
400
What does GDP stand for?
Gross Domestic Product
400
When was the first Tik Tok ban in America set for? (The official date).
January 19, 2025
500
America tried to ban Tik Tok after India.
TRUE, American followed suit after India.
500
How is Tik Tok helping small businesses?
A) Gives business exposure
B) Gives a fan base and loyal customers
C) Encourages customer engagement
D) All of the above
D) All of the above
500
The company earns ________ by selling ad space to businesses.
Revenue
500
What is Stock?
A type of security that represents ownership in a corporation and a claim on part of the company’s assets and earnings.
500
When has the Tik Tok ban in America been postponed until? (The official date).
June 15, 2025
