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Esb Exam 1 Study Guide Questions And Answers With Verified Solutions Already Passed!!!
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Esb Exam 1 Study Guide Questions And Answers With Verified Solutions Already Passed!!!
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Esb Exam 1 Study Guide Questions AndAnswers With Verified Solutions Already
Passed!!!
Products that are bulky, large in size, and technically complicated are usually sold
through multiple handlers before reaching the end customer - ANSWER✔✔ False
The owner of a landscaping business has noticed that none of his competitors are
including ponds or other water features in the gardens they create. The
landscaper wants to determine the viability of his business opportunity.
What should this entrepreneur do FIRST before offering to design and build water
features as part of his landscaping business? - ANSWER✔✔ Ask the customers in
the area if they're interested in adding a water feature to their gardens
Which are two characteristics of direct distribution that differ from fulfillment
centers? - ANSWER✔✔ 1.)Direct Distribution is also known as a zero level channel
2.)The manufacturer controls all aspects of the distribution
A nail salon pays $2500 in rent per month and each nail technicians get paid $20
per client visit. Supplies cost $500 per month. At 150 client visits per month, how
much does the salon have to mark up each visit, percentage-wise, for to break
even at the end of the month? - ANSWER✔✔ 100%
What would a wholesale flooring distributer be classified as? (B2B or B2C) -
ANSWER✔✔ B2B
What would purchases requiring a tax exemption certificate be classified as? (B2B
or B2C) - ANSWER✔✔ B2B
, What would a chain of local grocery stores is be classified as? (B2B or B2C) -
ANSWER✔✔ B2C
What would a motorcycle repair shop be classified as? (B2B or B2C) - ANSWER✔✔
B2C
(T or F?):Business Plans are text-based documents - ANSWER✔✔ True
(T or F?):The goals of a Pitch Deck is to get investors' attention - ANSWER✔✔ True
(T or F?):The goals of a Business Plan is to get investors' to buy-in - ANSWER✔✔
True
(T or F?):A Pitch Deck is a visual slide presentation - ANSWER✔✔ True
(T or F?):A typical Pitch deck has between 20-100 slides - ANSWER✔✔ False
(T or F?):Business Plans are highly visual - ANSWER✔✔ False
What is Entrpreneurship? - ANSWER✔✔ Setting up a business with the aim to
make profit
Is an increase in weddings from the release of COVID restrictions a strength,
weakness, opportunity, or threat? - ANSWER✔✔ Opportunity
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