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ESB Certification Exam Quizlet Garcia Questions and Answers 2024
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ESB Certification Exam Quizlet GarciaOne can expect their sales volume to be ______ when they are in product/market fit.
[Elements of the Product/Market Fit Hypothesis] - answer high
Product/market fit is making a product or ________ that many people want. [Elements
of the Product/Market Fit Hypothesis] - answer service
A business must provide customers with quality products to maintain customer
__________. [Performance and Quality Criteria] - answer satisfaction
A Minimum Viable Product (MVP) is a _________ used to test ease-of-use and
functionality to help determine the user's experience and ultimately improve the user's
experience with the product. [Performance and Quality Criteria] - answerprototype
In which stage should one develop a value hypothesis? - answerLaunch
In which stage do sales gain momentum? - answerTraction
In which stage is a Minimum Viable Product (MVP) created? - answerPrototype
In what stage does one find their product/market fit? - answerGrowth
In which stage does one start to earn revenue? - answerMonetization
In which stage does one develop a concept for a product or service? - answerIdea
Which two aspects of a product do Minimum Viable Products (MVPs)test? - answera.
Ease-of-use b. Functionality
Label the items as either a product or a service. Use P for product and S for service. -
answera. P Muffins b. S AC repairs c. P Toilet paper d. P Jewelry e. S Web designs f. P
Couch g. S Guitar lessons
No ownership, no US federal taxes - answerNon-profit
Best for international business even with being double-taxed - answerC corporation
Easy to create but comes with unlimited liability - answerSole proprietorship
Lower tax rate that prevents the company from being double-taxed - answerS
corporation
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