ESB Certification Exam Study Guide 2024 Questions & Answers | 100% Correct | Verified

The key objective of a small business owner is to generate ____ - profits Entrepreneurs are willing to take on new opportunities and unknown ____ to grow their businesses rapidly - risks Tangible items that require pick-up or delivery are ____ products - physical When a ____ purchases an item from a business, it is a business-to-consumer transaction - customer ____ are for-profit corporations with limited liability - S corporations ____ are ideal for international businesses - C corporations The ____ oversees daily operational and administrative functions - Chief Operating Officer A ____ votes on the management of a company - stockholder ____ employees are paid a fixed amount each pay period - Salary Businesses can compensate employees for work they produce when being paid by ____ - piece work Businesses can offer ____ in addition to a lower salary - equity