ESB ADVANCED 1 EXAM 2025 QUESTIONS AND ANSWERS

ESB ADVANCED 1 EXAM 2025 QUESTIONS AND ANSWERS

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ESB ADVANCED 1 EXAM 2025 QUESTIONS AND ANSWERS

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ESB ADVANCED 1 EXAM 2025 QUESTIONS AND ANSWERS

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Uploaded on: September 5, 2025
Last updated: September 6, 2025
Number of pages:5
Written in:2025/2026
Type:Exam (elaborations)
Contains:Questions & Answers
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ESB ADVANCED 1 EXAM 2025 QUESTIONS AND ANSWERS Acquisition Costs - ....ANSWER ...-Cost incurred by a business. Angel Investor - ....ANSWER ...-An investor who provides funding to a business for a stake in the business in return. Asset - ....ANSWER ...-A tangible item a business owns. B2B - ....ANSWER ...-A business-to-business (B2B) commercial transaction between businesses. B2C - ....ANSWER ...-A business-to-consumer (B2C) transaction. Balance Sheet - ....ANSWER ...-A document that compares assets to liabilities plus owner's equity. Bootstrapping - ....ANSWER ...-A business owner that uses their own money to fund their business. Brand Recognition - ....ANSWER ...-The level of familiarity one has with a brand. Break-Even Point - ....ANSWER ...-The point where a business's revenue matches its expenses over a given period. ....FOR STUDY PURPOSES...©️2025 ALL RIGHTS RESERVED... 1