ESB Certification Domain1 Lesson1

Front

The key objective of a small business owner is to generate _____.

Back

profits

Front

_____ are for-profit corporations with limited liability.

Back

S corporations

Front

Businesses can offer ____ in addition to a lower salary.

Back

equity

Front

____ are ideal for international businesses.

Back

C Corporations

Front

____ employees are paid a fixed amount each pay period.

Back

salary

Front

_____ allows one to see and experience a customer's perspective.

Back

Empathy

Front

One of the five elements of the design thinking process includes: prototype, new customers, stock options, viable products

Back

prototype

Front

One characteristic of a legal structure for a single owner seeking low risk would be

Back

LLC

Front

What is the first stage of the business life cycle?

Back

existence

Front

What is the fourth stage of the business life cycle?

Back

take-off