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Business Questions Trivia 1

The document contains 23 business-related questions about topics such as companies, financial terms, positions in management, and theories. Some of the questions are identifying the company that Ray Kroc founded (McDonald's), financial terms like profit and loss, accounting positions like CFO, and Clayton Christensen's theory of disruptive innovation. The questions cover a wide range of foundational business concepts.

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Angie Martínez
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89 views

Business Questions Trivia 1

The document contains 23 business-related questions about topics such as companies, financial terms, positions in management, and theories. Some of the questions are identifying the company that Ray Kroc founded (McDonald's), financial terms like profit and loss, accounting positions like CFO, and Clayton Christensen's theory of disruptive innovation. The questions cover a wide range of foundational business concepts.

Uploaded by

Angie Martínez
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Business Questions

1- Starring Michael Keaton as titular business mogul Ray Kroc, the 2016 film "The Founder"
portrays the origin story of what golden-arches fast-food chain? McDonald's

2- If you want to get a sense of your business’s fiscal health, a profit and ____Loss__ (P&L)
statement can show you how much money you’re bringing in, how much is going out, and
where all that money’s going.

3- In the C-Suite, the CEO is the Chief Executive Office, the COO is the Chief Operating Officer,
and the CFO is the Chief Financial Officer.

4- “Accounts receivable” is the money people owe your company, while “accounts Payable”
refers to the money that you owe to others.

5- The process of reducing the number of defects is typically known in manufacturing by the
letters QC. What do those letters stand for? Quality Control

6- A 401(k) is a type of tax-advantage defined-contribution account designed to help you


save for what withdrawal from working life? Retirement

7- In the common business or science abbreviation "R&D," what does the letter R stand for?

Research

8- What is the "N" term for preferential hiring of relatives and friends even though others
might be more qualified for a specific position?

Nepotism

9- What American company is the world's largest pharmaceutical company by revenues?


With over $70 billion in 2017 revenues, the company features the stock ticker "JNJ."

Johnson and Johnson

10- What “P” margin can be calculated by taking a company’s financial gain, dividing it by
revenue, and then multiplying that result by 100 percent? Profit Margin
11- The digital yuan is giving Alipay a run for its money as the largest mobile payment network
based in what country?

China

12- One strategy for assessing business operations is using SWOT analysis, which stands for
Strengths, Weaknesses, ______, and Threats.

Opportunities

13- What document can be defined as a statement of financial position, listing a company’s
assets, liabilities, and equity? It can be used to determine financial return and a business’s
capital structure.

Balance sheet

14- The Big Five U.S. accounting firms became the Big Four in 2001, because Arthur Andersen
botched their audit of what Texas company?

Enron

15- What mythical term was first popularized in 2013 by venture capitalist Aileen Lee to
describe a startup with a market valuation of more than $1 billion?

Unicorn

16- If you’re borrowing money to finance your business and you want to know how much
interest you’ll pay on it in a year, look for the APR. What is APR an acronym for?

Annual porcentaje rate

17- What is the "trashier" name for a "high yield bond" that is typically issued by companies
with low credit ratings?

Junk bunds

18- It sounds like a "Doctor Who" bad guy, but the LIBOR is just an interest-rate average based
on rates of the top banks in what European capital city?

London
19- He worked as a Consultant, and Project Leader at BCG between 1979 and 1982 before
leaving to start his own company. He eventually entered academia as a professor at
Harvard Business School. His theory of "disruptive innovation", introduced in his book The
Innovator's Dilemma, has been called the most influential business idea of the early 21st
century. Who?

Clayten Christensen

20- Often expressed as a percentage, which “M” term refers to how much money your
product has earned after you take your expenses into account?

Margin

21- What kind of security, which derives its value from an underlying asset or benchmark,
began as a way to limit exchange-rate risk, but now encompasses a wide range of futures,
forwards, options, and swaps?

Derivative

22- What colorful poker term refers to a ginormous, high-performing company that would be
considered a “safe bet"?

Blue Chip

23- Which type of costs are not directly related to making your product but that you still need
to pay for to keep the business up and running? (Hint: They can be fixed [e.g., rent],
variable [e.g., shipping fees], or sem-variable [e.g., utilities]

Overhead

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