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Business and Marketing fun facts Flashcards | StudBud

Explore/Business and Marketing fun facts

Business and Marketing fun facts

10 terms·StudBud Administration·141 plays

An entrepreneurship quiz assignment

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Questions 10

Answers

1
What is seed money used for?
Money used to buy seeds.
Used for big purchases or backups, incase a machine fails.
To help start or invest in your business
2
Who is the richest person of all time?
Mark Zuckerburg
Steve Jobs
Mansa Musa
Emperor Shenzong
3
Which of these options are NOT included in the 4 P's of Marketing?
Planning, Partner
Product, Place.
Problem, Persistence.
Promotion, Price.
4
What and when was the first ever patent for a product?
The shoelace, July 4, 1793
An ingredient used in fertilizer, July 31, 1790
Pancake batter, November 10, 1825
The pencil, August 14,1803
5
What is the richest company in the world as of 2017?
Google
Facebook
Amazon
Apple
6
What is profit margin?
Difference of retail price and cost of goods or the product.
Difference of the money goal and the money gained.
7
What percent of americans are unemployed?
5.7%
Less than 3%
4.1%
8.2%
8
Who patented the first product?
Kazi Blanka
David Daysi
Samuel Hopkins
Jacques Simons
9
What is Revenue?
The amount of money lost during a period of time.
The amount of profit earned off of one singular product.
The amount of money lost off of one singular product.
The amount of profit earned during a period of time.
10
What is a markup?
The amount added to the cost of a product to set the price.
The target price previously set and now aiming to reach.