ESB Domain 1 Lesson 1

Front

A business that takes its name and characteristics from an existing business chain

Back

Franchise

Front

An individual with an interest in a business

Back

Stakeholder

Front

A preliminary product, commonly a product with minimum viability, from which to test

Back

Prototype

Front

an intangible service or skill that is performed

Back

Service

Front

Non-cash compensations offered to employees in place of or in addition to a lower salary

Back

Equity

Front

payment for services rendered based on the number of hours worked

Back

Hourly

Front

A fixed amount of money paid to an employee for each pay period.

Back

Salary

Front

A fee paid to an employee for completing a task

Back

Commission

Front

A tangible item

Back

Product

Front

A commercial transaction between businesses

Back

B2B