Exam (elaborations)
ESB certification vocabulary(Vocab for certification test)2023
- Course
- Institution
ESB certification vocabulary(Vocab for certification test)2023
[Show more]
Seller
Follow
EvaTee
Reviews received
Content preview
ESB certification vocabulary(Vocab forcertification test)2023
Break Even Formula - Answer To calculate the break-even point in units use the
formula: Break-Even point (units) = Fixed Costs ÷ (Sales price per unit - Variable
costs per unit) or in sales dollars using the formula: Break-Even point (sales dollars)
= Fixed Costs ÷ Contribution Margin.
Driving Sales - Answer the largest automotive marketing resource and car dealer
social network, providing industry best practices and more
Inventory Loan - Answer The loan is collateralized by the inventory it is used to
purchase.
Operating Loan - Answer (also called a line of credit) is a short-term, flexible loan
that a business can use as needed to borrow up to a pre-set amount of money.To
ensure it will be repaid, the bank will often include a claim on the company's
inventory and accounts receivable as part of the loan agreement.
Tenacious - Answer tending to keep a firm hold of something; clinging or adhering
closely
Competency - Answer a set of particular abilities and knowledge that sets a
company apart from its competitors.
Non-Profit Organization - Answer organization is a group organized for purposes
other than generating profit and in which no part of the organization's income is
distributed to its members, directors, or officers.
Storefront - Answer Store exterior which reflects on the image of the business
Tax Liability - Answer the total amount of tax debt owed by an individual, corporation,
or other entity to a taxing authority like the Internal Revenue Service (IRS).
Demographic - Answer the collection and analysis of broad characteristics about
groups of people and populations.
Behavioral - Answer divides consumers according to behavior patterns as they
interact with a company
Psychographic - Answer the qualitative methodology of studying consumers based
on psychological characteristics and traits such as values, desires, goals, interests,
and lifestyle choices.
Geographic - Answer when a business divides its market on the basis of geography.
Angel Investors - Answer Private Investors who fund start up businesses
IPO - Answer initial public offering.
ESPO - Answer Eastern Shires Purchasing Organisation
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller EvaTee. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $9.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
83662 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now