80 Business Terminology Trivia Questions with Answers
80 public questions with answers, drawn from the well. How many can you answer?
In pricing strategy, what is the term for charging different customers different prices for the same product?
Answer
Price discrimination
In marketing, what is the business term for a group of customers sharing similar needs?
Answer
Market segment
In business growth analysis, what does CAGR stand for?
Answer
Compound annual growth rate
In strategic planning, what does SWOT stand for?
Answer
Strengths, weaknesses, opportunities, threats
In business performance measurement, what does KPI stand for?
Answer
Key performance indicator
In corporate finance, what does M&A stand for?
Answer
Mergers and acquisitions
In business software, what does CRM stand for?
Answer
Customer relationship management
In marketing, what does B2B describe when one business sells products or services to another business?
Answer
Business-to-business
In corporate strategy, what is a hostile takeover?
Answer
Acquisition opposed by the target’s management
In stock-market terminology, what is a company’s market capitalization?
Answer
Share price times shares outstanding
In corporate finance, what does a balance sheet show about a company at a specific date?
Answer
Assets, liabilities, and equity
In marketing, what is a USP the distinctive benefit that sets a product apart from competitors?
Answer
Unique selling proposition
In startup investing, what is a unicorn company valued at before an initial public offering or sale?
Answer
At least $1 billion
In management, what term describes lower average cost per unit as a company increases production?
Answer
Economies of scale
In competition economics, what is a cartel formed by competing companies to control prices or market supply?
Answer
An anticompetitive agreement
In investing, what is a blue-chip company traditionally known for?
Answer
A strong reputation and reliable financial performance
In accounting, what does EBITDA measure in a company’s reported performance?
Answer
Operating performance before interest, taxes, depreciation, and amortization
In business finance, what does IPO stand for when a private company first sells shares to the public?
Answer
Initial public offering