The Lemonade War Vocabulary

What is the meaning of the word 'entrepreneur' as used in 'The Lemonade War'?

• A person who organizes and operates a business

• A person who works for someone else

• A person who invests in stocks

• A person who teaches business

In 'The Lemonade War', what does the word 'profit' mean?

• The total amount of money earned

• The amount of money left after expenses

• The initial investment in a business

• The cost of goods sold

Which word from 'The Lemonade War' means 'to compete against someone'?

• Collaborate

• Negotiate

• Rival

• Support

What is the definition of 'strategy' in the context of 'The Lemonade War'?

• A plan of action to achieve a goal

• A random decision

• A financial investment

• A type of business

In 'The Lemonade War', what does 'undersell' mean?

• To sell at a lower price than competitors

• To sell at a higher price

• To sell without profit

• To sell with a discount

What does the term 'lemonade stand' symbolize in 'The Lemonade War'?

• A simple business venture

• A complex corporation

• A non-profit organization

• A government agency

Which of the following best describes the word 'competition' as used in 'The Lemonade War'?

• A friendly collaboration

• A rivalry between businesses

• A peaceful negotiation

• A joint venture

What does 'revenue' refer to in 'The Lemonade War'?

• The total income from sales

• The expenses incurred

• The profit made

• The investment amount

In 'The Lemonade War', what does 'advertise' mean?

• To promote a product or service

• To sell directly to customers

• To buy goods in bulk

• To negotiate prices

What is the meaning of 'expenses' in 'The Lemonade War'?

• The costs required for something

• The income generated

• The profit earned

• The savings accumulated