WesGold Fellows Week 5

Strengths, _______, Opportunities, _______

• Internal, External

• Weakness, Threats

• Specific, Attainable

• Relevance, Weakness

Answer explanation

SWOT: Strengths, Weakness, Opportunities, Threats

You should tell everyone your PIN number.

• True

• False

The cost required for something; the money spent on something.

• Expense

• Payment

• Debt

• Leverage

I have $2,000 in credit card debt. I should....

• Buy, buy, buy!

• Take out another loan to pay this loan off

• Pay more than the minimum monthly payment

• Not worry about it

Answer explanation

Why would add more debt to the pile?

Name this show.

• Camp Lazlo

• Johnny Test

• SpongeBob Squarepants

• Spongeboob Roundman

Select the things that are important to being an entrepreneur.

• Risk-Taking

• Motivated

• Independent

• Goofball

ONE of the MOST important things about starting a business is the...

• Cosmic Brownies

• Society

• Budget

• Value

Answer explanation

Value proposition is one of the most important things to think about. Giving a solution to a problem.

Not having an emergency fund is...

• not important

• okay

• light work

• AN EMERGENCY

Interest is what?

• Profit from investments
• Principal amount
• Cost of borrowing money that is charged to you

• Monthly salary

Answer explanation

You pay the interest.

Decode this name: My Kojak Sun