ESB EXAM Study Guide latest updated (Graded A) ESB Exam Study Guide (Graded A) ESB Exam Study Guide (Graded A) ESB Test 1 Questions with Verified Answers ESB V2 Certification Exam Questions and Answers 2023 ESB V.2 EXAM 2 with complete solutions E.S.B. gmetrix certification Exam 2023 ESB Practice T...
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Flexibility - Answer- Ability to adapt, willingness to change Courage - Answer- Takes risks in spite of possible losses Empathy - Answer- Sensitive to thoughts and feelings of others What are three characteristics of entrepreneurs? - Answer- Creativity, Determination, Enthusiasm After a ...
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Add to cartFlexibility - Answer- Ability to adapt, willingness to change Courage - Answer- Takes risks in spite of possible losses Empathy - Answer- Sensitive to thoughts and feelings of others What are three characteristics of entrepreneurs? - Answer- Creativity, Determination, Enthusiasm After a ...
Acquisition Cost - Answer- the cost of obtaining data that you don't have Contingency costs - Answer- amount of money included to cover potential events that are not specifically accounted for in a cost estimate Variable Cost - Answer- a cost that rises or falls depending on how much is produ...
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Add to cartAcquisition Cost - Answer- the cost of obtaining data that you don't have Contingency costs - Answer- amount of money included to cover potential events that are not specifically accounted for in a cost estimate Variable Cost - Answer- a cost that rises or falls depending on how much is produ...
Acquisition Cost - Answer- the cost of obtaining data that you don't have Contingency costs - Answer- amount of money included to cover potential events that are not specifically accounted for in a cost estimate Variable Cost - Answer- a cost that rises or falls depending on how much is produ...
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Add to cartAcquisition Cost - Answer- the cost of obtaining data that you don't have Contingency costs - Answer- amount of money included to cover potential events that are not specifically accounted for in a cost estimate Variable Cost - Answer- a cost that rises or falls depending on how much is produ...
Ophelia runs a local seamstress business. Ophelia is losing customers to a competing business. Upon sending an employee over to check out the competition, Ophelia discovers the competitor's turnaround time is double her turnaround time. What should Ophelia's new marketing strategy be to woo back h...
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Add to cartOphelia runs a local seamstress business. Ophelia is losing customers to a competing business. Upon sending an employee over to check out the competition, Ophelia discovers the competitor's turnaround time is double her turnaround time. What should Ophelia's new marketing strategy be to woo back h...
Quality - Answer- _______ is measured by how well the product or service successfully serves its users' purpose. E-commerce sales and door-to-door sales - Answer- What are two examples of direct distribution channels? Middlemen - Answer- Indirect distribution channels use _______ to sell thei...
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Add to cartQuality - Answer- _______ is measured by how well the product or service successfully serves its users' purpose. E-commerce sales and door-to-door sales - Answer- What are two examples of direct distribution channels? Middlemen - Answer- Indirect distribution channels use _______ to sell thei...
In general, which two characteristics define a "small" business? (Choose two) - Answer- Fewer then 1,500 employees AND Less than $35.5 million revenue Classify each of the following businesses as either Physical or Digital. - Answer- Physical: - Bakery in your community - Hair salon t...
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Add to cartIn general, which two characteristics define a "small" business? (Choose two) - Answer- Fewer then 1,500 employees AND Less than $35.5 million revenue Classify each of the following businesses as either Physical or Digital. - Answer- Physical: - Bakery in your community - Hair salon t...
After doing a self-assessment, Peter realizes he wants to start a plumbing business, but doesn't want to risk alot of his own money. What would be his best option? - Answer- Purchase an existing business Besides defining strengths and weaknesses, what is the other main factor determined during a...
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Add to cartAfter doing a self-assessment, Peter realizes he wants to start a plumbing business, but doesn't want to risk alot of his own money. What would be his best option? - Answer- Purchase an existing business Besides defining strengths and weaknesses, what is the other main factor determined during a...
In general, which characteristics define a "small" business? - Answer- - fewer than 1,500 employees - less than $35.5 million revenue classify each of the following as either physical or digital - Answer- PHYSICAL: - bakery in your community - hair salon that makes appointments online DIG...
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Add to cartIn general, which characteristics define a "small" business? - Answer- - fewer than 1,500 employees - less than $35.5 million revenue classify each of the following as either physical or digital - Answer- PHYSICAL: - bakery in your community - hair salon that makes appointments online DIG...
Domain 1 Lesson 1 - Answer- The key objective of a small business owner is to generate ____ - Answer- profits Entrepreneurs are willing to take on new opportunities and unknown ____ to grow their businesses rapidly - Answer- risks Tangible items that require pick-up or delivery are ____ pr...
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Add to cartDomain 1 Lesson 1 - Answer- The key objective of a small business owner is to generate ____ - Answer- profits Entrepreneurs are willing to take on new opportunities and unknown ____ to grow their businesses rapidly - Answer- risks Tangible items that require pick-up or delivery are ____ pr...
Online Networking - Answer- Each day, Donnie posts the progress of her new building to Facebook as a countdown to opening her business. What type of networking is Donnie using? Increase of service - Answer- Ophelia discovers her competitor's turnaround time is double her turnaround time. What sh...
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Add to cartOnline Networking - Answer- Each day, Donnie posts the progress of her new building to Facebook as a countdown to opening her business. What type of networking is Donnie using? Increase of service - Answer- Ophelia discovers her competitor's turnaround time is double her turnaround time. What sh...
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 b...
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Add to cartService - 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 b...
What is entrepreneurship? - Answer- Setting up a business with the aim to make a profit. B2B - Answer- Purchases requiring a tax exemption certificate; wholesale flooring distributor B2C - Answer- motorcycle repair shop; chain of local grocery stores S - Corporation - Answer- offers many of...
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Add to cartWhat is entrepreneurship? - Answer- Setting up a business with the aim to make a profit. B2B - Answer- Purchases requiring a tax exemption certificate; wholesale flooring distributor B2C - Answer- motorcycle repair shop; chain of local grocery stores S - Corporation - Answer- offers many of...
What is entrepreneurship? - Answer- Setting up a business with the aim to make a profit. For each business, select B2B or B2C. - Answer- B2B Purchases requiring a tax exemption certificate. Wholesale flooring distributor. B2C Motorcycle repair shop. Chain of local grocery stores. Which ...
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Add to cartWhat is entrepreneurship? - Answer- Setting up a business with the aim to make a profit. For each business, select B2B or B2C. - Answer- B2B Purchases requiring a tax exemption certificate. Wholesale flooring distributor. B2C Motorcycle repair shop. Chain of local grocery stores. Which ...
The owner of a mobile food truck plans to sell tacos , hamburgers, and other foods to employees in a large office complex . Before opening his business , the owner will most likely need to obtain which of the following documents from each employee to verify they have completed a course in food handl...
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Add to cartThe owner of a mobile food truck plans to sell tacos , hamburgers, and other foods to employees in a large office complex . Before opening his business , the owner will most likely need to obtain which of the following documents from each employee to verify they have completed a course in food handl...
grit - Answer- Characteristics of successful entrepreneurs include: working late and showing up for work on time the next day - Answer- Which best describes self-discipline? online credit - Answer- Consuelo's gift store has an opportunity that will disappear if they don't move quickly. A com...
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Add to cartgrit - Answer- Characteristics of successful entrepreneurs include: working late and showing up for work on time the next day - Answer- Which best describes self-discipline? online credit - Answer- Consuelo's gift store has an opportunity that will disappear if they don't move quickly. A com...
what is the key objective of a small business owner is to generate? - Answer- Profits Businesses can compensate employees for work they produce when being paid by - Answer- piece work Name one benefit of a franchise. - Answer- Less risk is evolved Best for international business even with b...
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Add to cartwhat is the key objective of a small business owner is to generate? - Answer- Profits Businesses can compensate employees for work they produce when being paid by - Answer- piece work Name one benefit of a franchise. - Answer- Less risk is evolved Best for international business even with b...
Elements of the Design Thinking Process - Answer- Stage 1: Emphasize- Research Your Users' Needs Stage 2: Define- State Your Users' Needs and Problems Stage 3: Ideate- Challenge Assumptions and Create Ideas Stage 4: Prototype- Start to Create Solutions Stage 5: Test- Try Your Solutions Out ...
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Add to cartElements of the Design Thinking Process - Answer- Stage 1: Emphasize- Research Your Users' Needs Stage 2: Define- State Your Users' Needs and Problems Stage 3: Ideate- Challenge Assumptions and Create Ideas Stage 4: Prototype- Start to Create Solutions Stage 5: Test- Try Your Solutions Out ...
Break Even Formula - Answer- To calculate the break-even point in units use the formula: Break-Even point (units) = Fixed Costs ÷ (Sales price per unit - Variable costs per unit) or in sales dollars using the formula: Break-Even point (sales dollars) = Fixed Costs ÷ Contribution Margin. Driving...
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Add to cartBreak Even Formula - Answer- To calculate the break-even point in units use the formula: Break-Even point (units) = Fixed Costs ÷ (Sales price per unit - Variable costs per unit) or in sales dollars using the formula: Break-Even point (sales dollars) = Fixed Costs ÷ Contribution Margin. Driving...
Which two documents summarize the business plan of a company? - Answer- Pitch Deck, Lean Canvas Which three elements are required to have a Trade Secret? - Answer- Others cannot legitimately obtain the information, information has economic value not generally known, subject to reasonable efforts ...
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Add to cartWhich two documents summarize the business plan of a company? - Answer- Pitch Deck, Lean Canvas Which three elements are required to have a Trade Secret? - Answer- Others cannot legitimately obtain the information, information has economic value not generally known, subject to reasonable efforts ...
Heuristics - Answer- involving/serving as an aid to learning, discovery, or problems solving by experimental and especially trial and error methods. usually (but not always) a good way to make decisions about the world Availability Heuristic - Answer- A mental shortcut for judging the likelihood ...
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Add to cartHeuristics - Answer- involving/serving as an aid to learning, discovery, or problems solving by experimental and especially trial and error methods. usually (but not always) a good way to make decisions about the world Availability Heuristic - Answer- A mental shortcut for judging the likelihood ...
Patent - Answer- (n.) exclusive rights over an invention; copyright; (v.) to arrange or obtain such rights; (adj.) plain, open to view; copyrighted Copyright - Answer- An exclusive right granted by the federal government allowing the owner to reproduce and sell an artistic or published work. T...
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Add to cartPatent - Answer- (n.) exclusive rights over an invention; copyright; (v.) to arrange or obtain such rights; (adj.) plain, open to view; copyrighted Copyright - Answer- An exclusive right granted by the federal government allowing the owner to reproduce and sell an artistic or published work. T...
A well-conceived business plan benefits which 2 groups the most? - Answer- owners and investors A landscape architect wishes to start his own business constructing custom water features. This is his first venture and requires assistance drafting a business plan, securing capital, and receiving ov...
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Add to cartA well-conceived business plan benefits which 2 groups the most? - Answer- owners and investors A landscape architect wishes to start his own business constructing custom water features. This is his first venture and requires assistance drafting a business plan, securing capital, and receiving ov...
After doing a self-assessment, Peter realizes he wants to start a plumbing business, but doesn't want to risk alot of his own money. What would be his best option? - Answer- Purchase an existing business Besides defining strengths and weaknesses, what is the other main factor determined during a...
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Add to cartAfter doing a self-assessment, Peter realizes he wants to start a plumbing business, but doesn't want to risk alot of his own money. What would be his best option? - Answer- Purchase an existing business Besides defining strengths and weaknesses, what is the other main factor determined during a...
What is Entrepreneurship? A) Marketing and selling products. B) Setting up a business with the aim to make a profit. C) Acquiring leadership and managerial skills. D) Quickly advancing in positions within a corporation. - Answer- B) Setting up a business with the aim to make a profit. You ...
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Add to cartWhat is Entrepreneurship? A) Marketing and selling products. B) Setting up a business with the aim to make a profit. C) Acquiring leadership and managerial skills. D) Quickly advancing in positions within a corporation. - Answer- B) Setting up a business with the aim to make a profit. You ...
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