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Esb Study Terms Questions And Answers With Verified Solutions Already Passed!!!
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Esb Study Terms Questions And Answers With Verified Solutions Already Passed!!!
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Esb Study Terms Questions AndAnswers With Verified Solutions Already
Passed!!!
Acquisition Costs - ANSWER✔✔ Cost incurred by a business.
Angel Investor - ANSWER✔✔ An 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✔✔ A business-to-business (B2B) commercial transaction between
businesses.
B2C - ANSWER✔✔ A business-to-consumer (B2C) transaction.
Balance Sheet - ANSWER✔✔ A document that compares assets to liabilities plus
owner's equity.
Bootstrapping - ANSWER✔✔ A 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 matches its
expenses over a given period.
, Budget - ANSWER✔✔ The 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✔✔ A document that addresses the concept, customers,
and capital for a business.
C Corporation - ANSWER✔✔ A business structure that allows the company to
pass its income, losses, deductions, and credits through its shareholders to
decrease their taxation.
CEO - ANSWER✔✔ The Chief Executive Officer (CEO) holds a leadership role
within a business. The CEO oversees a business's operations and resources and
makes the major decisions for the company.
CFO - ANSWER✔✔ The Chief Financial Officer (CFO) holds a leadership role within
a business. The CFO oversees a company's finances.
Collaboration - ANSWER✔✔ The action of working with one or more people
toward a common goal.
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