Biz Kids Ep. 405

When Maddie Bradshaw began making Snap Caps, she withdrew $300 from her bank account. This is an example of which term?

• Advertise

• Profit

• Start-up costs

• Venture capitalist

Who would be the best target customer for Snap Caps?

• Preschool Students

• Culinary School Students

• Girl Scouts

• Members of the American Dental Association

The first step introduced in the episode "Crash Course On Starting a Business" is:

• Marketing

• Business Plan

• Funding

• Idea

Answer explanation

An item that you want or need, but can't find could be a GREAT IDEA for a business!

How does Joe, the CEO of Bragg's Fine Swine, market his product?

• Magazine Advertisements

• Radio Commercials

• TV Commercials

• Mailers

When Zoe Damacello began her business, she actually lost money on her first sale. Zoe realized that she hadn't calculated _____.

• Her investment

• Start-up costs

• The economics of one unit.

Which term means "to promote goods or services"

• Marketing strategy

• Target customer

• Venture capitalist

• Advertise

Which term means "a detailed plan including the strategies planned to achieve the profit goals"

• Target customer

• Business plan

• Marketing strategy

• Product

Which term means "the amount that it costs to produce one unit of the product"

• Marketing strategy

• Advertise

• Economics of one unit

• Profit

Which term means "an activity in which money is put at risk for the purpose of making a profit"

• Product

• Profit

• Invest

• Venture capitalist

Which term means "a process that allows an organization to focus on its goals"

• Business plan

• Marketing strategy

• Start-up costs

• Target consumer