ESB Domain 1

Front

Entrepreneurship

Back

Setting up a business with the aim to make a profit.

Front

Legal structure for a small business with benefits of large corporations, no double taxation, no stock sale, personal liability protection.

Back

S-Corporation

Front

An example of ________ compensation is paying field laborers for the amount of fruit they pick.

Back

Piece work

Front

A ________ employee receives a set amount of pay each month without overtime compensation for extra hours worked.

Back

Salary

Front

Employees most affected by minimum wage laws are compensated ________.

Back

Hourly

Front

An employee who is paid a percentage of a sale is paid by ________. Options: Commission, Hourly, Salary, Piece Work

Back

Commission

Front

Legal structure for a small business with plans to grow, sell shares to the public, partners from Mexico and Japan, and no personal liability for business liabilities.

Back

C-Corp

Front

Highest ranking employee in the company who reports to the board of directors.

Back

CEO

Front

Creates budgets, analyzes financial data, and forecasts company profits

Oversees the finances of the company

Back

CFO

Front

Who develops policies and structures to protect company data?

Back

CIO