Entrepreneurship and Small Business (ESB) Pre-test 2023 (solved)
2 views 0 purchase
Course
ESB
Institution
ESB
Service - Answer- A head chef conducts a survey of other restaurants in the area. The chef notices that most customer complaints primarily come from takeout order being delayed. The chef believes that having a short-order cook dedicated to primarily come from takeout orders being delayed. The chef ...
entrepreneurship and small business esb pre test 2023 solved
a head chef conducts a survey of other restaurants in the area the chef notices that most cu
Written for
ESB
All documents for this subject (1026)
Seller
Follow
millyphilip
Reviews received
Content preview
Entrepreneurship and Small Business
(ESB) Pre-test 2023 (solved)
Service - Answer- A head chef conducts a survey of other restaurants in the area. The
chef notices that most customer complaints primarily come from takeout order being
delayed. The chef believes that having a short-order cook dedicated to primarily come
from takeout orders being delayed. The chef believes that having a short-order cook
dedicated to primarily come from takeout orders being delayed. The chef believes that
having a short-order cook dedicated to preparing carryout orders will make his
restaurant the fastest and most dependable place for takeout customers.
By spending scare resources on hiring a short-order cook, what competitive advantage
factor is the chef trying to achieve at his/her restaurant?
Personal Financial Insecurity - Answer- What is considered to be primary risk for an
entrepreneur who is launching a start-up company?
Easier to finance a business purchase than a business start-up - Answer- What is a key
benefit of buying an existing small business versus launching a start-up?
Hotels - Answer- A travel agent wants to start-up a new travel company. He pays a
market research company to survey 100 frequent affluent vacation travelers about
luxury travel options. The market research responses:
Which luxury travel service would contribute the most to the profitability of the start-up
business?
A) Sending discount coupons to car owner who lives within 5 miles of the shop
B) Giving current customers a loyalty discount - Answer- A new auto mechanic business
wants to grow revenues. What are marketing methods that promise to create new
customers?
Pick the two best answer.
Providing 24 hour member access - Answer- A fitness trainer is presenting a business
plan for a new studio to investors. The trainer envisions a studio with equipment and
features that will meet the needs of customers with a variety of personal and work
schedules.
What studio feature would appeal to customers with demanding schedules?
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller millyphilip. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $9.99. You're not tied to anything after your purchase.
