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ESB certification test (to help pass esb cert) graded A+!!
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ESB certification test (to help pass esbcert) graded A+!!
What are the 3 elements required to have a trade secret?
1.Subject to reasonable efforts to maintain its secrecy
2. Others cannot legitimately obtain the information
3. A unique logo or brand names
4.Information has economic value not generally known
5. Original work must be in a tangible form
Must be a service Answer- Subject to reasonable efforts to maintain its secrecy
Others cannot legitimately obtain the information
Information has economic value not generally known
What is a target market? Answer- Customers to whom a company wants to sell its
products and services.
examples of an offline marketing platform Answer- Flyers and Pamphlets
TV Ads
3 segments in a marketing plan Answer- Demographic
Behavioral
Geographic
Which Sales Channel has been opened to manufacturers because of digital tools?
Answer- Direct-to-Consumer
which two ways can customer service and support affect sales? Answer- More Sales
through Customer Evangelists
Increased Sales through Responsiveness and Personalization
what 3 statements that define a market/ fit hypothesis? Answer- A fit exists when
people need your product rather than just seeing a potential benefit of using it.
Product/market fit exists when you have the right solution to a problem worth solving.
When users love your product so much they tell other people to use it.
what is an effective way to measure your teaching performance during an online
course? Answer- Conduct onscreen pop-up quizzes
what is one of the first steps you must do before creating a product prototype?
Answer- Identify materials
three things you will need to consider regarding the mass production of your razors.
Answer- Creating your prototype to demonstrate the product's function to potential
customers.
Finding a manufacturer.
Sourcing materials needed for the components of the products.
what is your equity in the business?
liabilities 6000
assets 17000 Answer- 11000
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