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Esb Study Guide Questions And Answers 100% Correct!!!
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Esb Study Guide Questions And Answers 100% Correct!!!
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Esb Questions And Answers WithCorrect Solutions Already Passed
(LATEST UPDATED 2024)
Acquisition Costs - ANSWER✔✔ Costs incurred by a business
Angel Investor - ANSWER✔✔ Investor who provides funding to a business for a
stake in the business in return
Asset - ANSWER✔✔ A tangible item a business owns
B2B - ANSWER✔✔ business to business commercial transaction between
businesses
B2C - ANSWER✔✔ business to consumer transactions
Balance sheet - ANSWER✔✔ Document that compares assets to liabilities plus
owners equity
Bootstrapping - ANSWER✔✔ Business owner that uses their own money to fund
their business
Brand recognition - ANSWER✔✔ The level of familiarity one has with a brand
break-even point - ANSWER✔✔ The point where a business's revenue matched its
expense over a given period
, Budget - ANSWER✔✔ Amount of money a business plans on spending during a
given period
Burn rate - ANSWER✔✔ A calculation used to measure a business's monthly cash
flow
Business Opportunity - ANSWER✔✔ A situation an entrepreneur analyzes and
evaluates to see if starting a sustainable, profitable business is feasible
Business plan - ANSWER✔✔ Document that addresses the concept, customers,
and capital for a business
C Corporation - ANSWER✔✔ Business structure that allows the company to pass
its income, losses, deductions, and credits through its shareholders to decrease
their taxation
CEO - ANSWER✔✔ Oversees a business operations and reasoutces and makes the
major decisions for the company
CFO - ANSWER✔✔ oversees a company's finances
Collaboration - ANSWER✔✔ Action of working with one or more people toward a
common goal
Commission - ANSWER✔✔ A fee paid to an employee for completing a task
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