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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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  • July 31, 2024
  • 11
  • 2023/2024
  • Exam (elaborations)
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Esb Study Terms Questions And
Answers 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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