ESB Vocabulary Quiz #3

Franchise:

• The characteristic of being able to tackle goals with courage and perseverance.

• A payment amount provided to employees for the number of hours they worked.

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

Grit:

• Believing that one can accomplish anything with hard work.

• The characteristic of being able to tackle goals with courage and perseverance.

• A financial statement that details a business's revenue and expenses for a given period.

• A characteristic in which an individual acts to turn ideas into action.

Growth Mindset:

• Believing that one can accomplish anything with hard work.

• A payment amount provided to employees for the number of hours they worked.

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

• The characteristic of being able to tackle goals with courage and perseverance.

Hourly Pay:

• A financial statement that details a business's revenue and expenses for a given period.

• The characteristic of being able to tackle goals with courage and perseverance.

• Believing that one can accomplish anything with hard work.

• A payment amount provided to employees for the number of hours they worked.

Income Statement:

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

• The characteristic of being able to tackle goals with courage and perseverance.

• A payment amount provided to employees for the number of hours they worked.

• A financial statement that details a business's revenue and expenses for a given period.

Initiative:

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

• A characteristic in which an individual acts to turn ideas into action.

• The characteristic of being able to tackle goals with courage and perseverance.

• Believing that one can accomplish anything with hard work.

Innovation:

• A new idea, product, or method.

• Goods a business owns with the purpose of selling.

• A creative work or invention to which an individual has been given rights.

Intellectual Property:

• Goods a business owns with the purpose of selling.

• A one-page document discussing key information commonly seen in a business plan.

• A person or entity willing to provide monetary funds to a business with the hopes of earning a return on their money.

• A creative work or invention to which an individual has been given rights.

Inventory:

• A new idea, product, or method.

• The amount of money owed to an entity.

• Goods a business owns with the purpose of selling.

Investor:

• A person or entity willing to provide monetary funds to a business with the hopes of earning a return on their money.

• A one-page document discussing key information commonly seen in a business plan.

• A creative work or invention to which an individual has been given rights.

• •Goods a business owns with the purpose of selling.