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Shark Tank Vocabulary

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

The price sold to retailers.

a)

Retail Price

b)

Wholesale Price

c)

Price

d)

Royalty

2.

Government license that protects original ideas.

a)

License

b)

Royalty

c)

Purchase Order

d)

Patent

3.

Person who organizes and operates a business.

a)

Entrepreneur

b)

Valuation

c)

Asset

d)

Capital

4.

A type of communication that attempts to promote or sell a product, service or idea.

a)

advertising

b)

buyer persona

c)

brand

d)

customer loyalty

5.

Landon is trying to tell people about his product. He decides that he is going to make a commercial and pay for it to be on tv. Which of the following vocabulary words does this deal with the best?

a)

advertising

b)

buyer persona

c)

brand

d)

customer loyalty

6.

Damon loves Pizza Hut. He likes it better than other places because the employees always treat him like a king! When he comes in the door they put a mark on a card that will let him get a free pizza after he has bought five pizzas. Which of the following words is the best choice for this situation?

a)

advertising

b)

buyer persona

c)

brand

d)

customer loyalty

7.

A person (or organization) that puts money into products, inventions, or many other things - with the expectation of achieving a profit.

a)

entrepreneurs

b)

Innovative

c)

Investor

d)

margin

8.

Entrepreneurs need THIS. It is the act of providing resources to finance a need, program, or project.

a)

investors

b)

Investment

c)

funding

d)

margin

9.

a presentation of a business idea to potential investors. The goal is to raise startup cash. The target of the _________ is an investor.

a)

Investment

b)

margin

c)

pitch presentation

d)

investor

10.

What is profit?

a)

the amount of an item you have

b)

how many people want your good/service

c)

the money you have left over after you paid your bills