ESB Domain 1

_____ are for-profit corporations with limited liability.

• S corporations

• C corporations

• Non-profit organizations

• Limited liability companies

B2C:

• A business-to-consumer transaction.

• A business-to-business transaction.

• A consumer-to-consumer transaction.

• A government-to-business transaction.

Who creates budgets, analyzes financial data, and forecast company profits?

• CFO

• CEO

• COO

• CTO

What is the sixth stage of the business life cycle?

• launch

• growth

• pivot or persist

• decline

What is the third stage of the business life cycle?

• failure

• success

• decline

• startup

Business Opportunity:

• A chance to invest in a high-risk venture.

• A situation an entrepreneur analyzes and evaluates to see if starting a sustainable, profitable business is feasible.

• An opportunity to collaborate with other businesses.

• A method to increase personal wealth without effort.

Are business plans text-based documents?

• True

• False

• Only for small businesses

• Only for startups

A slide presentation for potential investors that summarizes the key items of a business is called a __________.

• Business Plan

• Pitch Deck

• Investor Report

• Executive Summary

Person that reports to the board of directors is known as the ___

• CFO

• COO

• CEO

• CTO

T/F The goal of a pitch deck is to get investors' attention

• True

• False

• Maybe

• Not Sure