General:

x 1.) What is an an entrepreneur?

X2.) What does VC stand for?

X3.) What does equity mean?

X4.) What is the name of the reality TV show where entrepreneurs try to obtain funding for their business ideas?

X5.) What is the website that we used to find Company & Industry information?

Marketing:


x 1.) What is a company's Marketing Mix also known as?

x 2.) What are the 4 P's?

3.) According to the Marketing Mix graphic, what are 4 distinct elements of Promotion?

4.) What is Market Segmentation? Give me an example & how

5.) What is Product Differentiation? Give me an example & how

x 6.) What is a cost leader? Give me an example & how

7.) What are the 4 strategies that depend on Market Dominance?

x 8.) What is a nicher?

9.) Describe the 3 innovation strategies (pioneer, close follower, late follower) & describe how the price of technology & the spread of technology differs over time?

10.) What is horizontal integration? Give an example

11.) What is vertical integration?give an example?

x 12.) What is diversification? Give an example

13.) what is intensification? Give an example?

x 14.) what do we mean by "brick and mortar"


Management:

x 1.) What does SWOT stand for?

r 2.) What are Porter's Five Forces?

3.) What is a distribution channel?

4.) What is merchandising?

5.) What is the supply chain?

x 6.) What are economies of scale?

7.) What is a barrier to entry?
Give me an example

x 8.) What are sunk costs? Give me an example

9.) what are switching costs? Give me an example

10.) what do we mean by "cutting out the middle man"?

x 11.) what does COGS stand for?

X12.) what does USAIIRDO stand for?

13.) Match COGS & USAIIRDO with the following: fixed cost, variable cost

14.) the COGS would include which 2 costs?

X15.) if an industry is highly concentrated, what does this mean?

x 16.) what do we mean by "one stop shopping"?

Financials:

X1.) What is a company's break even point?

R2.) how we find a company's breakeven point?

X3.) What is an income statement?

4.) T/F An income statement is a "snapshot" in time.

X5.) what is revenue?

6.) what is gross profit?

7.) what is operational profit / EBIT?

8.) what is net profit?

X9.) what do we mean by the "bottom line"?

10.) What is depreciation?

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EXTRA:

X1.) what are 2 parts of a loan payment?

2.) What are the 3 parts of the Balance Sheet?

R3.). What is the difference between the strengths and opportunities in a SWOT analysis?

X4.) Of the 3 major financial statements, which 2 specify a period of time?

X5.) Where is revenue found on the income statement?

6.) What does EBITDA stand for?

7.) What is the principal?

8.) give me 2 examples of how Walmart stays a cost leader through their merchandising and supply chain management (1 for each).

X9.) how can small companies compete with big companies?

X10.) According to Fortune magazine, which company is #1 on its Fortune 500 list?

11.) according to Hoovers.com, which industry is Walmart?

12.) who is one of the founders of Apple Computers?

X13.) what are 2 ways to segment your market?

14.) according to "Shark Tank", what is the main concern for venture capitalists?

X15.) how are Boost Mobile & Jitterbug "nichers"?

16.) according to our discussion of technology innovation, how does the Sony Reader compete with the Amazon Kindle?

X17.) finish the sentence: Big companies have Economies of ____________ .

X18.) how are Old Navy, Gap, & Banana Republic horizontally integrated?
week 2 student provided questions:


Titans: Jebelitta

X1. What do the parentheses around the dollar in accounting mean? (Easy)
It means that the numbers are negative

X2. What does total costs equal to? (Medium)

Fix cost + variable costs

3. What is the income statement also known as? (Hard)

the profit and loss statement or statement of revenue and expense

Titans: AFM's


Easy
Q: What is brand equity?
A: People recognize your brand logo. (i.e. McDonald's golden arches)

Medium
Q: Why do startups fail? Give two reasons. (This is from the article)
A: No understanding of business; no concept of reality; no back-up plan; no exit strategy

HardQQ: What are the 3 types of financial statements?
A: Income statement, balance sheets, statement of cash flows

Q: What is an income statement and balance sheet used for?
A: Income Statement - Measures the companies finance over a period of time.
Balance Sheet - It is needed to know how much $ is borrowed and invested.

Titans: Rapple
Easy→ What is breakeven point?

Medium→What do the Parenthesis mean?

Hard→ What is the equation of the breakeven point?

Titans: KEO Affordable Fashions

Question 1:Easy
What is the name of the reality Tv show where entrepreneurs try to obtain funding for their business ideas?
- Shark Tank
Question 2:Medium
What does USAIIRDO stand for?
-Utilities, Salaries, Advertising, Interest, Insurance, Rent, Depreciation, Other
Question 3:Hard
What is an Income Statement?
-An income statement is a summary of income and expenses.


Cryptonite: Silver Moon

1.What is SALES REVENUE ?
the income your business gets from either selling your product or service
2.If verizon is the leader of cell phone service proivder, then who is the challenger?who is the follower? and what company is the nicher?

Challenger - AT&T

Follower - Sprint, T-Mobile

Nicher - Boost Mobile, Jitterbug


3.what is Intensification? what company is a example of this?

intensification is when a company starts small and gets bigger and bigger,an examlpe of intensification is
McDonald

CRYPTONITE: CLARIE'S

1. What are all THREE major financial statements?


X2. How many parts is the income statement divided into and what are they?


X3. What do we mean by bottom line?


4. Why is the portion of the revenue that deals with operating items interesting to both investors and analysts?

CRYPTONITE: CHILL SPOT

X1.What if your running a business, and the break even that you have is way off? What do you do?
WHAT ARE 3 WAYS TO ADJUST YOUR BREAKEVEN?



2. Lets say you have a business, and your competitor is beating you, what do you do so that you could be able to beat the competitor before it's to late?
WHAT ARE 5 WAYS TO OUTSHINE THE COMPETITION?
SEE: http://www.entrepreneur.com/marketing/marketingcolumnistkimtgordon/article207020.html


3. Would you have to shut down the business that your pursuing because you cant invest any money or could you find a way to invest the money while your business is still running and why?
WHAT ARE WAYS TO "BOOTSTRAP" YOUR STARTUP?
SEE:



http://www.entrepreneur.com/magazine/entrepreneursstartupsmagazine/2002/october/55776-3.html



CRYPTONITE: PEPPER'S

(Easy)
T/F
IN A PROGRESSIVE TAX RATE, Does earning a higher gross income mean you have to pay A HIGER PERCENTAGE OF taxes RELATIVE TO THOSE WHO EARN LESS?
True
(Medium)
Without saying what each letter stands for explain what is USAIIRDO?
A cost that does not vary depending on production or sales levels or a fixed cost.
(Hard)
a)Into how many sections is the Income Statement broken up also name the two
The income statement is divided into two parts: the operating and non-operating sections.
b)Who find the opearting section interesting and why?
The portion of the income statement that deals with operating items is interesting to investors and analysts alike because this section discloses information about revenues and expenses that are a direct result of the regular business operations.

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KILLER B'S: HEMA
EASY-
Question: What is another name for "net income" found on a company's income statement ?
Answer : Net Profit or Bottom Line

MEDIUM-
XQuestion: On a balance sheet, what is assets equal to ?
Answer: Assets = Liabilities + equity

HARD-
Question: In the marketing mix, what are the four P's that should be considered about a product ?
Answer: 1) Product Variation
2) Product Differentation
3) Product Innovation
4) Product Elimination


FRESH TO DEATH: FLAVORGASM



1.What is SWOT?
2. What are the 4 P's?
3. How is monopoly used in busnesses?
KILLER B'S: FAM'S ACCESSORIES
Easy:
X?: What is SWOT Analysis used for?
A: It is used to evaluate the Strengths, Weaknesses, Opportu
nities, and Threats involved in a project or in a business venture.

Medium:
?: What is vertical integration?
A: Vertical integration is a strategy used to reduce a business' own cost and thereby intensify pressure on its rival.

Hard:
?: What formula is used to figure out the monthly salary for the company?
A: (days per year)( hours per day)(wage)(employees)
12 months

KILLER B'S: SMOOCHES

(Easy)

1.How do you become an entrepreneur?
By starting your own business and trying to market it.

(Medium)

2. T/F Venture Capitalists (VC) are people who look for business opportunities in which to invest and provide funding for the business ideas.
True


(Hard)

Xxx3.In SWOT analysis what is the difference between weaknesses and threats?
The difference is weakness deals with the company itself and threats deal with the industry.

FRESH TO DEATH: KAJ ENTERPRISES

Xxx1)What are the 4 strategies that depend on Market Dominance?
~leader
~challenger
~Follower
~Nicher


X2) what is porters five forces
-Bargaining power of customer
-Bargaining power of suppliers
- Threat of new Entrants
-Threat of substitute products
-Competitive rivalry within an industry

Xxx3) What is EBITDA
Enterprise value/Earnings before interest,taxes, Depreciation and Amortization

KILLER B'S: XSCAPE TEEN CLUB
X1) why is the SWOT analysis used?
X2) what are the 5 elements of porters five forces?
3)what are assets?