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ESB certification study guide Questions and Answers Graded A+
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ESB certification study guideWhat is entrepreneurship? - answer Setting up a business with the aim to make a
profit.
A________employee received a set of amount of pay each month without overtime
compensation for extra hours worked. - answer Salary
An example of_______compensation is paying field laborers for the amount of fruit they
pick. - answer Piece work
Employees most affected by minimum wage laws are compensated ________. - answer
Hourly
Life cycle stage 1 - answer Existence
Life cycle stage 2 - answer Survival
Life cycle stage 3 - answer Success
Life cycle stage 4 - answer Take off
Life cycle stage 5 - answer Maturity
An employee who is paid a percentage of a sale is paid by________. - answer
Commission
Acquire an emphatic understanding of the problem you're trying to solve, typically
through user research. - answer Empathize
Element of Design Thinking Process: State your users' needs and problems - answer
Define
Which is one of the greatest benefits of being an entrepreneur? - answer Schedule
control
Successful Entrepreneurs have mindset that typically possess which 3 characteristics? -
answer Responsible, Adaptable, Tenacious
Which two documents summarize the business plan of a company? - answer Lean
Canvas and Pitch Deck
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