ESB Domain 1 Review Latest 2023 Rated
A+
Partners members of a company who share the risks and profits of the business
Franchise A business that takes its name and characteristics from an existing business chain
Stakeholder An individual with an interest in a business
Prototype A preliminary p...
ESB Domain 1 Review Latest 2023 Rated
A+
Partners ✔✔members of a company who share the risks and profits of the business
Franchise ✔✔A business that takes its name and characteristics from an existing business chain
Stakeholder ✔✔An individual with an interest in a business
Prototype ✔✔A preliminary product, commonly a product with minimum viability, from which
to test and develop
Service ✔✔an intangivle service or skill that is performed
Equity ✔✔Non-cash compensations offered to employees in place of or in addition to a lower
salary
Stockholder ✔✔An owner of one or more shares of a corporation
, Small Business ✔✔A corporation, partnership, or sole proprietorship that is privately owned by
one indivudal or a small group of people.
Salary ✔✔A fixed amount of money paid to an employee for each pay period.
Product ✔✔A tangible item
Commission ✔✔A fee paid to an employee for completing a task
B2B ✔✔A business to business commercial transaction between businesses
Sole Proprietorship ✔✔a business owned and managed by a single individual. There is unlimited
liability.
Compensation ✔✔A monetary amount given to employees in return for their work
S Corporation ✔✔a type of business that offers limited liability like a corporation and single
taxation like a partnership, but no foreign investors are allowed
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