Entrepreneurship
A person with an idea for a product or service and starts a business is known as an...
a. Teacher
b. Doctor
c. Entrepreneur
d. Student
c. Entrepreneur
Playing games for money is known as...
a. Entrepreneurship
b. Gambling
c. Prop bets
d. Trading
b. Gambling
According to NCAA surveys, _____ in _____ student-athletes have experienced harassment from gamblers.
a. 2 in 5
b. 1 in 3
c. 1 in 10
d. 4 in 5
b. 1 in 3
Another name for Halloween is...
a. Christmas
b. Thanksgiving
c. All Hallow's Eve
d. Easter
c. All Hallow's Eve
What is the top reason why most startup businesses fail?
a. Getting outcompeted
b. No market need for the product/service
c. Burnout/lack of passion
d. Running out of money
d. Running out of money
Which of these are strategies casinos use to encourage people to stay and keep gambling?
a. Not putting clocks or windows on the walls
b. Serving free drinks
c. Using colorful lights on the machines
d. All of these
d. All of these
Which of the following best describes prop bets?
a. Bets on the final outcome of a game
b. Bets on specific outcomes within a game
c. Bets on the performance of an entire team
d. Bets on the winner of a championship series
b. Bets on specific outcomes within a game
What's another name for a lycanthrope?
a. Vampire
b. Werewolf
c. Bat
d. Witch
b. Werewolf
What are the steps of the Entrepreneurial Journey?
a. Dream It, Create It, Grow It, Manage It
b. Be Awesome, Be Smart, Be Kind, Get Rich
c. Go to College, Get Married, Start a Business, Get Rich
d. Dream It, Write it Out, Mail It In, Start It Up
a. Dream It, Create It, Grow It, Manage It
Someone plays a game where if a 6-sided die lands on 3 or 5, they win $5. What's the probability of winning this game?
a. 1/4
b. 2/6
c. 3/6
d. 5/6
b. 2/6
The uncontrollable urge to keep gambling despite the toll it takes on your life is called...
a. Compulsive gambling
b. Responsible gambling
c. Resistance
d. Saving money
a. Compulsive gambling
What do you call a group of witches?
a. Coven
b. Herd
c. Flock
d. Brew
a. Coven
Richard Montañez was working as a custodian for Frito-Lay when he came up with the idea for Flamin’ Hot Cheetos. When he pitched the idea to the company’s leadership the idea was wildly popular, earning him a new role as VP of Multicultural Sales and Community Promotions. What type of entrepreneurship is this an example of?
a. Social Entrepreneurship
b. Scalable Startup
c. Intrapreneurship
d. Small Business
c. Intrapreneurship
What is house edge?
a. The advantage a gambler has over a casino when gambling
b. The perks that casinos provide (free drinks, free hotel stays, etc.)
c. The advantage the casino has over a gambler
d. The most amount of money a gambler can win before being kicked out of a casino
c. The advantage the casino has over a gambler
Gambling can stimulate the brain's _____________ system much like drugs or alcohol can, leading to _____________
a. Neuron; happiness
b. Nervous ; wealth
c. Attention ; Productivity
d. Reward; addiction
d. Reward; addiction
Which movie tops Rotten Tomatoes' list of the Scariest Horror Movies Ever?
a. Halloween (1978)
b. Friday the 13th
c. The Conjuring
d. The Exorcist
d. The Exorcist
What's the difference between social entrepreneurship and traditional entrepreneurship?
a. The main purpose of social entrepreneurship is to make money while the main purpose of traditional entrepreneurship is to help people (ex. non-profit organizations)
b. The main purpose of social entrepreneurship is to help people (ex. non-profit organizations) while the main purpose of traditional entrepreneurship is to make money
c. There is no difference
d. Social entrepreneurs talk to people whereas traditional entrepreneurs don't talk to people
b. The main purpose of social entrepreneurship is to help people (ex. non-profit organizations) while the main purpose of traditional entrepreneurship is to make money
On average, the amount of money a gambler can expect to win/lose after playing a particular game is called...
a. Expected value
b. House edge
c. Probability
d. Lottery
a. Expected value
What percent of a typical sports broadcast is spent with sports betting advertising on screen?
a. 75%
b. 21%
c. 34%
d. 5%
b. 21%
Which U.S. state produces the most pumpkins?
a. Ohio
b. Illinois
c. Kentucky
d. Oregon
b. Illinois