AOS1
Pursuing opportunities, innovation and seeking growth are all part of what?
What is entrepreneurship
The internal environment is one in which a business has __________ control over
some
True or false
Changes in the macro environment affect only your business
False - Changes in the macro environment affect all businesses
Rare Beauty was established by?
Who is Selena Gomez
What is 1989?
This famous entrepreneur was born in South Africa and has dreams of colonising Mars
Who is Elon Musk
The internal environment is also known as?
The micro enviornment
Which level of government is responsible for workers compensation
Who is the state government
Eyewear line designed by the celeb themselves
Which pop star is godmother to both of Elton John's sons?
Who is Lady Gaga
A mining magnate and Australia's wealthiest woman
Who is Gina Rhinehart
Any three of the following
employees and managers, business structure, business model, location, source of finance and business support services.
Name the four categories that make up the operating environment.
What is suppliers, competitors, customers and special interest groups
Body inclusive shapeware has been developed by this celeb
Who is Lizzo
What is Rhianna's real name
Who is Robyn Fenty
There are four motivations behind starting a business. These include the desire for personal and financial independence, to make a profit and ??
To fulfil a market need AND a social need
Who/what am I?
I run and own the business, I have invested my own money and accepted all the risk. If my business succeeds then I reap the rewards, if it doesn't then I will be personally responsible
I am a Sole Trader
Name the economic condition
Wages and spending are at record lows
Business confidence and investment are also low
High levels of unemployment
What is a trough
This celeb has partnered with Mint Mobiles and recently purchased a Welsh football club Wrexham AFC
Who is Ryan Reynolds
Taylor Swift made her acting debut in which film?
What is Valentine's day
Business managers (BM) and Business entrepreneurs (BE) are different. Identify one difference between them
Could include
BM - daily operations BE - develop a shared vision OR
BM - minimise risk and take calculated risk BE- initiative, innovation and enterprise, risk taking
The process that both public and private companies go through to become registered and identifiable as a separate legal entity?
What is incorporation?
Sending all of your businesses customer service overseas is called?
This entrepreneur has had partnerships with Smart Water, shares in Living Proof and most recently Vital Proteins
Who is Jennifer Aniston
Marie Curie in 1903
What does the SMART acronym stand for?
Specific, measurable, attainable, relevant, time bound
A private limited company is also known as a?
What is a proprietary company
Name three things that could be trademarked?
Letter, word, phrase, symbol, number, sound, smell, shape, logo, picture or aspect of packaging
This celeb has a cruelty-free Flower Beauty line which features liquid highlighters and lip masks. A partnership with Walmart has produced the Beautiful and Flower Home lines, which are made up of a range of kitchenware items and furniture and home décor items
Who is Drew Barrymore
The assassination of this person is 1914 is attributed to the outbreak of WW1
Who is Archduke Franz Ferdinand
What is market share
The percentage of total industry sales
A company that wants to be listed on the ASX will need to supply this document to prospective shareholders before they can sell shares for the first time.
What is a prospectus.
This act regulates Australian consumer law.
Competition and Consumer Act 2010
This entrepreneur created a natural range of pain relief for teething and young children. This has expanded into a larger business called KinderFarms
Who is Jessica Biel
What are the first 22 cards in tarot deck called?
What is The Major Arcana
What is maximising return on investment
The ratio that compares the money gained or lost on and investment relative to the initial cost of the investment
When a public company lists of the ASX for the first time this is known as a 'float', what is the official name for this.
What is an Initial public offering (IPO)
The general direction of people's attitudes or behaviour in society.
What is a trend?
This entrepreneur has teamed up with Goodles to create tasty boxed pasta meals (mac and cheese)
Who is Gal Gadot
In this year both the first Iphone was released AND Netflix started streaming services
When was 2007
What are the four main social goal of businesses
Community service, provision of employment, social justice and ecological sustainability.
Equity finance and it is repaid only if the owner sells or leaves the business
Name three factors that affect exchange rates?
inflation, interest rates, balance of trade, political stability, stat of a countries economy
In 2022 Once upon a farm which sells organic baby food is set to have over $100 million sales. The brand has also received a 1000 day promise certification which tests for heavy metals and pesticides in its foods. This entrepreneur is both co-founder and chief brand officer
Who is Jennifer Garner
What is the deadliest animal in the world
The mosquito