ESB Certification Exam With 100%
Correct Answers 2024
Nonprofit - Correct Answer-a type of business that has no owner and does not pay
Federal US taxes
Marketing Plan - Correct Answer-a written plan that outlines a company's marketing
strategies
Angel investor - Correct Answer-An investor who provides funding to a business for a
stake in the business in return.
C Corporation - Correct Answer-A business structure that allows the company to pass
its income, losses, deductions, and credits through its shareholders to decrease their
taxation.
variable costs - Correct Answer-fluctuating that a business has depending on production
commission - Correct Answer-a fee paid to an employee for completing a task
partners - Correct Answer-Two or more individuals that share a business's financial
responsibility.
brand recognition - Correct Answer-The level of familiarity one has with a brand.
self-reliance - Correct Answer-trusting one's self, goals, and progress
ROI - Correct Answer-Return on investment is a calculation used to determine how
much an investment is making
stockholder - Correct Answer-an individual that ones at least one share in a
corporation's stock
customer retention - Correct Answer-Activities or strategies employed by a business to
retain existing customers.
copyright - Correct Answer-a form of protection individuals can implement to protect
their intellectual property. designated for print, music, film, and various other forms of
creative licenses
income statement - Correct Answer-a financial statement that details a business's
revenue and expenses for a given period
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