ESB Vocabulary Quiz 2

Commission:

• A monetary amount given to employees in return for their work.

• A signed agreement stating that an entity will not disclose information agreed upon by all parties in an arrangement.

• A fee paid to an employee for completing a task.

• A legally binding agreement between two parties.

Compensation:

• A fee paid to an employee for completing a task.

• A signed agreement stating that an entity will not disclose information agreed upon by all parties in an arrangement.

• A legally binding agreement between two parties.

• A monetary amount given to employees in return for their work.

Confidentiality Agreement:

• A fee paid to an employee for completing a task.

• A signed agreement stating that an entity will not disclose information agreed upon by all parties in an arrangement.

• A monetary amount given to employees in return for their work.

• A legally binding agreement between two parties.

Contract:

• A legally binding agreement between two parties.

• A fee paid to an employee for completing a task.

• A monetary amount given to employees in return for their work.

• A signed agreement stating that an entity will not disclose information agreed upon by all parties in an arrangement.

COO:

• A fee paid to an employee for completing a task.

• A monetary amount given to employees in return for their work.

• The Chief Operating Officer holds a leadership role within a business. Is responsible for overseeing the day-to-day administrative and operational functions of a business.

• A legally binding agreement between two parties.

Copyright:

• Using one's mind to solve a problem in the best way by considering various potential solutions to the problem.

• A form of protection individuals can implement to protect their intellectual property. Designated for print, music, film, and various other forms of creative licenses.

• The method of sharing a start-up business online to pre-sell products.

Critical Thinking:

• Using one's mind to solve a problem in the best way by considering various potential solutions to the problem.

• The method of sharing a start-up business online to pre-sell products.

• A form of protection individuals can implement to protect their intellectual property. Designated for print, music, film, and various other forms of creative licenses.

Crowdfunding:

• The method of sharing a start-up business online to pre-sell products.

• Using one's mind to solve a problem in the best way by considering various potential solutions to the problem.

Customer:

• An individual or business that purchases goods and services from a business.

• The total cost of acquiring a new customer.

• Activities or strategies employed by a business to retain existing customers.

• A local agency with information on participating local businesses.

Customer Acquisition Cost:

• The total cost of acquiring a new customer.

• An individual or business that purchases goods and services from a business.

• Activities or strategies employed by a business to retain existing customers.

• A local agency with information on participating local businesses.