Exam (elaborations)
ESB Certification Exam Study Guide with 100% correct answers
- Course
- Institution
ESB Certification Exam Study Guide with 100% correct answers
[Show more]
Seller
Follow
KenAli
Content preview
ESB Certification Exam Study Guidewith Questions and Answers A+
Passed
An example of an ____ risk is a natural disaster - environmental
A business opportunity is an ____ that lets a buyer start a business - investment
A ____ needs to be obtained to use a brand name on products - license
The five factors that determine the viability of a business opportunity are ____,
relationships, cash flow management, management skillsets, and passion - market size A
business plan helps a business achieve short-term and long-term ____ - goals
A lean canvas should only be ____ long - one page
The ____ summary creates the first impression of a business plan - executive
The ____ plan should specifically be directed to investors and lenders - financial
A pitch deck is most commonly presented in the form of a ____ presentation - slide
,A ____ provides a brief overview of a business where one talks about the company's
mission and the value provided to customers - vision and value proposition
A patent protects an ____ from being copied - invention
Trade secrets protect a company's formulas from being shared with ____ - competitors
To license a product, one must obtain ____ from the author or creator - authorization
Confidentiality or ____ agreements are signed by employees, agreeing not to share
trade secrets - non-disclosure
Domain 1 Lesson 1 -
The key objective of a small business owner is to generate ____ - profits
Entrepreneurs are willing to take on new opportunities and unknown ____ to grow their
businesses rapidly - risks
Tangible items that require pick-up or delivery are ____ products - physical
When a ____ purchases an item from a business, it is a business-to-consumer
transaction - customer
____ are for-profit corporations with limited liability - S corporations
, ____ are ideal for international businesses - C corporations
The ____ oversees daily operational and administrative functions - Chief Operating
Officer
A ____ votes on the management of a company - stockholder
____ employees are paid a fixed amount each pay period - Salary
Businesses can compensate employees for work they produce when being paid by
____ - piece work
Businesses can offer ____ in addition to a lower salary - equity
During the ____ stage of the business life cycle, a company is regularly taking on new
customers and starting to generate a consistent income - survival
The owner may decide to sell their ownership in the company during the ____ stage -
exit plan
The five elements of the design thinking process are ____ - empathize, define, ideate,
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 KenAli. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $13.24. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
75632 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now