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YES Money + Business Review Flashcards | StudBud
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YES Money + Business Review
YES Money + Business Review
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Flashcards
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Questions
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Answers
1
Human Capital and labor can be one of the most costly expenses and the most valuable assets in a business
True
False
2
social entrepreneurs are ambitious and resourceful individuals who develop and fund social change in communities
False
True
3
The 5 Pillars are?...
Earn, Save, Spend, Invest, Donate
Earn, Sell, Save, Invest, Donate
Earn, Save, Spend, Dividend, Trade
Earn, Success, Save, Involve, Donate
4
S.W.O.T. stands for?
Strengths, Waiting, Opportunity, Teachings
Strengths, Weaknesses, Opportunity, Threats
Signs, Weaknesses, Opportunity, Talent
Strengths, Weaknesses, Opposition, Threats
5
A Business plan includes?
Finances
All of the above
Idea
Marketing and Advertising
6
What would be expense of a business?
Money from investors
None of the above
Profits made from sales
Human Capital
7
Most important rule of money?
Pay yourself first (PYF)
Let money rule your life
Live below your means
Fast money trumps sustainability
8
Mr. Josh Haymond, a CPA and one of our guest speakers, created this basketball inspired leadership mentoring program?
Financial Hoops!
Swish!
Halfcourt Learning
Beyond Basketball: When the Ball Stops Bouncing
9
Which of these modes are ways to raise funds for your business start-up?
Venture capitalists
All of the above
Loans from friends and family
Loans from credit unions and commercial banks
10
What are the 3 T's
Treasure, Talent, Tactful
Talent, Treasure, Talk
Time, Temperament, Talent
Time, Talent, Treasure
11
Sometimes a certain thing could be both a need and a want.
False
True
12
What is BBB?
Budget Before Buying
Budget Before Bungee Jumping
Better Butter Boiling
Budget Before Business
13
The Cash Flow equation is?
Expenses x Income = Net Worth
Income + Expenses = Profit
Income / Expenses = Profit
Income - Expenses = Profit
14
Ideation is the formation of imaginative ideas and concepts
True
False
15
What is not one of the 4's of marketing?
Price
Product
patience
Promotion
16
What are the 3 D's
Development, Discernment, Discipline
Discipline, Discernment, Dance
Discipline, Daring, Discretion
Discipline, Discernment, Discretion
17
What's a ticker symbol?
The hands-on a clock
A logo
The trademark of a company
an abbreviation to identify a company's publicly traded stock
18
Which of these are essential in your shark tank Business presentations?
All of the above
Solid research and information about what your business needs
Engaging visual aids
A great introduction with a hook!
19
What is income?
Cash from a friend after doing a favor
Your bi-weekly paycheck from work
A check from Grandma for your birthday
All of the above
20
Which of these is not a SMART Goal?
Specific
Microscopic
Realistic
Attainable
