What percentage of all businesses in the United States are considered small businesses? a) 25% b) 50% c) 75% d) 99.9%
d) 99.9%
15
What's the word for the special things that make a business different from others? a) Logo b) Brand c) Storefront d) Commercial
a) Brand
15
Why might a small business make a business plan? a) To show off b) To get a loan c) To create a mascot d) To make a grocery list
a) To secure a loan
15
What's it called when a business has a physical store where you can shop? a) In-Person Shopping b) Online Shopping c) Mall Crawl d) Brick-and-mortar
a) Brick-and-mortar
15
Which financial paper tells you about a company's money at a certain time? a) Budget b) Balance Sheet c) Magic Wand d) Cash Flow Chart
b) Balance sheet
15
What does ROI stand for when talking about small businesses? a) Return on Ice Cream b) Revenue on Instagram c) Return on Investment d) Really Outstanding Ideas
a) Return on Investment
15
Which type of financing is used for everyday costs like buying products? a) Magic Money b) Angel Investment c) Equity Financing d) Working Capital Loan
d) Working capital loan
15
When customers spread the word about a business, what's that called? a) Whisper Marketing b) Viral Marketing c) Online Secrets d) Shouting Ads
b) Viral marketing
15
What U.S. agency helps small businesses? a) CIA (Central Intelligence Agency) b) FBI (Federal Bureau of Investigation) c) SBA (Small Business Administration) d) NASA (National Aeronautics and Space Administration)
d) SBA (Small Business Administration)
15
Where do businesses sell stuff directly to people online? a) Social Media b) Farmers' Market c) E-commerce d) Secret Underground Tunnels
c) E-commerce
15
What's it called when a business can pay its bills with what it has? a) Liquidity b) Flexibility c) Superpower d) Invisibility
a) Liquidity
15
What insurance helps businesses if they get sued? a) Pizza Delivery Insurance b) Liability Insurance c) Unicorn Insurance d) Rainbow Insurance
b) Liability insurance
15
What do you call it when a business tries to find new customers? a) Shouting b) Magic c) Sales d) Lead Generation
d) Lead generation
15
What's a big challenge for new businesses? a) Too much free time b) Lots of customers c) Not enough money d) Instant fame
c) Limited resources
15
What does SWOT stand for in business talk? a) Strong, Weak, Ordinary, Tough b) Strengths, Weaknesses, Opportunities, Threats
a) Strengths, Weaknesses, Opportunities, Threats
15
What social media platform is NOT often used for business? a) Facebook b) Twitter c) MySpace d) Instagram