ESB Certification Questions and Answers
100% Correct | Latest 2024
Nonprofit - ANSWER a type of business that has no owner and does not pay Federal US taxes
Marketing Plan - ANSWER a written plan that outlines a company's marketing strategies
Angel investor - ANSWER An investor who provides funding to a business for a stake in the business in
return.
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.
variable costs - ANSWER fluctuating that a business has depending on production
commission - ANSWER a fee paid to an employee for completing a task
partners - ANSWER Two or more individuals that share a business's financial responsibility.
brand recognition - ANSWER The level of familiarity one has with a brand.
self-reliance - ANSWER trusting one's self, goals, and progress
ROI - ANSWER Return on investment is a calculation used to determine how much an investment is
making
stockholder - ANSWER an individual that ones at least one share in a corporation's stock
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