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ESB Domain 1 Review Latest 2023 Rated A+ $10.49   Add to cart
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ESB Domain 1 Review Latest 2023 Rated A+
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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 via...

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  • November 7, 2023
  • 6
  • 2023/2024
  • Exam (elaborations)
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ESB Domain 1 Review Latest 2023 Rated
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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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