ESB Vocabulary with correctly answered
Break Even Point - Answer the point at which the costs of producing a product
equal the revenue made from selling the product
Break Even Formula - Answer Break Even Point = Fixed Costs/Selling Price-
Variable Cost
Driving Sales - Answer a special effort to sell more of a product or service, for
example by increasing advertising
Inventory Loan - Answer a secured short-term loan to purchase inventory
Operating Loan - Answer A loan that is intended for short-term financing. This
type of loan is often used for cash flow support or to cover operating expenses
from day to day.
Tenacious - Answer persistent, resolute
Competency - Answer the ability to do something successfully or efficiently
Non-Profit Organization - Answer A business whose goal is to provide a service
rather than to make a profit
Storefront - Answer The exterior of a business that includes a store's sign or logo,
marquee, outdoor lighting, banners, planters, awnings, windows, the exterior
design, ambiance, landscaping, and lighting of the building
, Tax Liability - Answer the total amount of taxes owed
Demographic - Answer having certain characteristics in common, such as age,
race, or gender
Behavioral - Answer involving, relating to, or emphasizing behavior
Psychographic - Answer the study and classification of people according to their
attitudes, aspirations, and other psychological criteria, especially in market
research.
Geographic - Answer of or relating to the natural features, population, industries,
etc. of a region
Angel Investors - Answer individuals who invest in start-up companies with high
growth potential in exchange for a share of ownership
Initial Public Offering - Answer the first time a company issues stock that may be
bought by the general public
electronic point of sale system - Answer can help small businesses like yours
manage your business more effectively, and improve your customers' experience
with you.
Management Buyout - Answer Acquisition of the firm by its own management in a
leveraged buyout
Patent - Answer exclusive rights over an invention; copyright
Break Even Point - Answer the point at which the costs of producing a product
equal the revenue made from selling the product
Break Even Formula - Answer Break Even Point = Fixed Costs/Selling Price-
Variable Cost
Driving Sales - Answer a special effort to sell more of a product or service, for
example by increasing advertising
Inventory Loan - Answer a secured short-term loan to purchase inventory
Operating Loan - Answer A loan that is intended for short-term financing. This
type of loan is often used for cash flow support or to cover operating expenses
from day to day.
Tenacious - Answer persistent, resolute
Competency - Answer the ability to do something successfully or efficiently
Non-Profit Organization - Answer A business whose goal is to provide a service
rather than to make a profit
Storefront - Answer The exterior of a business that includes a store's sign or logo,
marquee, outdoor lighting, banners, planters, awnings, windows, the exterior
design, ambiance, landscaping, and lighting of the building
, Tax Liability - Answer the total amount of taxes owed
Demographic - Answer having certain characteristics in common, such as age,
race, or gender
Behavioral - Answer involving, relating to, or emphasizing behavior
Psychographic - Answer the study and classification of people according to their
attitudes, aspirations, and other psychological criteria, especially in market
research.
Geographic - Answer of or relating to the natural features, population, industries,
etc. of a region
Angel Investors - Answer individuals who invest in start-up companies with high
growth potential in exchange for a share of ownership
Initial Public Offering - Answer the first time a company issues stock that may be
bought by the general public
electronic point of sale system - Answer can help small businesses like yours
manage your business more effectively, and improve your customers' experience
with you.
Management Buyout - Answer Acquisition of the firm by its own management in a
leveraged buyout
Patent - Answer exclusive rights over an invention; copyright
