ESB Certification Study Guide with Complete Solutions
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Course
ESB
Institution
ESB
What is entrepreneurship? - ANSWER-Setting up a business with the aim to make a profit.
A________employee received a set of amount of pay each month without overtime compensation for extra hours worked. - ANSWER-Salary
An example of_______compensation is paying field laborers for the amount o...
ESB Certification Study Guide 2023-2024
with Complete Solutions
What is entrepreneurship? - ANSWER-Setting up a business with the aim to make a
profit.
A________employee received a set of amount of pay each month without overtime
compensation for extra hours worked. - ANSWER-Salary
An example of_______compensation is paying field laborers for the amount of fruit they
pick. - ANSWER-Piece work
Employees most affected by minimum wage laws are compensated ________. -
ANSWER-Hourly
Life cycle stage 1 - ANSWER-Existence
Life cycle stage 2 - ANSWER-Survival
Life cycle stage 3 - ANSWER-Success
Life cycle stage 4 - ANSWER-Take off
Life cycle stage 5 - ANSWER-Maturity
An employee who is paid a percentage of a sale is paid by________. - ANSWER-
Commission
Acquire an emphatic understanding of the problem you're trying to solve, typically
through user research. - ANSWER-Empathize
Element of Design Thinking Process: State your users' needs and problems -
ANSWER-Define
Which is one of the greatest benefits of being an entrepreneur? - ANSWER-Schedule
control
Successful Entrepreneurs have mindset that typically possess which 3 characteristics? -
ANSWER-Responsible, Adaptable, Tenacious
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