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When a company like Airbus or Boeing is described as an "incumbent," what does that mean in a business context?

• A new startup with very little funding.

• A large, established company that currently dominates the market.

• A government agency that writes safety laws.

• A company falling behind the trends.

If a business is "pivoting," it means they are staying exactly on their current path without making any changes.

• TRUE

• FALSE

Small companies are often more​ (a)   than giant corporations, meaning they can move and adapt to new technology very quickly.

A "fiscal deterrent" (like the new UK jet tax) is designed to...

• Encourage to travel more.

• Give money to big companies by taxing them less.

• Discourage an action by making it more expensive.

• Speed up the production of old engines.

Beyond Aero reached a "regulatory ​ (a)   " on March 26th when the government approved their safety design. (a significant stage in a process)

What does the term 'infrastructure' refer to in the context of the London–Paris hydrogen corridor?

• The flight software used by the pilots.

• The design of the plane.

• The company putting the concept into reality.

• The physical systems like refueling stations and airport hubs.

The Climate Impulse was called a "proof of concept." What does this phrase mean in a business or engineering context?

• Evidence or a demonstration that a new idea or technology actually works.

• A legal document that proves who owns the company and the idea.

• • A final product that is ready to be sold to millions of customers.

• A secret plan that a company hides from its competitors.

In the context of the Fox and Kalshi deal, what is a "binary contract"?

• An agreement that allows viewers to vote for their favorite news anchor.

• A contract that allows users to bet purely "Yes" or "No" on a specific, verifiable event.

• A traditional sports betting ticket that expires after two hours.

• A legal agreement between a pundit and a news network.

The primary goal of Fox's new strategy is to keep viewers in a "passive" state of consumption.

• TRUE

• FALSE

Displaying financial market data is intended to offer viewers a ​ (a)   data-driven look at current events, supposedly free from the political bias often found in traditional punditry.