ESB Vocabulary Quiz #4

Owner:

• Two or more individuals that share a business's financial responsibility.

• A legal method used to protect an invention for a limited time.

• The individual(s) that own the business.

• A type of compensation provided for the amount of work produced.

Partners:

• Two or more individuals that share a business's financial responsibility.

• A legal method used to protect an invention for a limited time.

• One's ability to act to work toward achieving a goal.

• The individuals that own the business.

Patent:

• A type of compensation provided for the amount of work produced.

• The amount of money charged for goods or services.

• First-hand research like surveys, interviews, and statistical data

• A legal method used to protect an invention for a limited time.

Piece Work:

• A type of compensation provided for the amount of work produced.

• The individuals that own the business.

• Two or more individuals that share a business's financial responsibility.

• A presentation given to potential investors to provide a brief overview of the business plan to earn another meeting.

Pitch Deck:

• First-hand research like surveys, interviews, and statistical data.

• A presentation given to potential investors to provide a brief overview of the business plan to earn another meeting.

• The amount of money charged for goods or services.

• The individuals that own the business.

Price:

• The amount of money charged for goods or services.

• Two or more individuals that share a business's financial responsibility.

• A legal method used to protect an invention for a limited time.

• First-hand research like surveys, interviews, and statistical data

Primary Data:

• A legal method used to protect an invention for a limited time.

• Two or more individuals that share a business's financial responsibility.

• First-hand research like surveys, interviews, and statistical data.

• A presentation given to potential investors to provide a brief overview of the business plan to earn another meeting.

Problem-Solving:

• A tangible item.

• The amount of financial gain from a business.

• The process of coming up with solutions to solve a problem.

• A preliminary product, commonly a product with minimum viability, from which to test and develop.

Product:

• The process of coming up with solutions to solve a problem.

• A preliminary product, commonly a product with minimum viability, from which to test and develop.

• The amount of financial gain from a business.

• A tangible item.

Product/Market Fit:

• The stage where a business's sales are high and continue to grow because their product or service is something customers want and continue to purchase.

• The amount of financial gain from a business.

• A preliminary product, commonly a product with minimum viability, from which to test and develop.

• The process of coming up with solutions to solve a problem.