PACKAGE DEAL OF ESB QUESTION AND ANSWERS RATED A+ 2024

ESB Certification Practice 1 Questions with complete solution 2024 Nonprofit - correct answer A type of business that has no owner and the money they make goes back into the business, they do not pay Federal US taxes Marketing Plan - correct answer a written plan that outlines a company's ma...

ESB Certification Test Question and answers verified to pass 2024 Entrepreneurship - correct answer Setting up business with the aim to make profit. B2B (business-to-business) - correct answer Sells products and services directly to other businesses. Normally requires a sales tax exemption c...

ESB Certification Test Question and answers correctly solved 2024 What are six characteristics of an entrepreneurs? - correct answer Enthusiasm, Determination, Creativity, Responsible, Disciplined, and Honest Successful entrepreneurs typically possess what three characteristics? - correct an...

ESB certification vocabulary Question and answers rated A+ 2024 Break Even Formula - correct 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-Ev...

ESB Domain 1 Question and answers correctly solved 2024 Profit The amount of financial gain from a business. Risk The possibility of something negative happening. In the context of a small business, the possibility of a loss of time and money. B2C A business-to-consumer transaction. ...

ESB Domain 2 Question and answers correctly solved 2024 Customer An individual or business that purchases goods and services from a business. Value Proposition A promise of value that a company makes about their product or service that makes it attractive to customers. Primary Data Firs...

ESB Domain 4 Questions with complete solution 2024 Balance Sheet A document that compares assets to liabilities plus owner's equity. Income Statement A financial statement that details a business's revenue and expenses for a given period. Break-Even Point The point where a business's...

ESB EXAM 1 STUDY GUIDE Question and answers rated A+ 2024 Products that are bulky, large in size, and technically complicated are usually sold through multiple handlers before reaching the end customer - correct answer False The owner of a landscaping business has noticed that none of his compe...

ESB EXAM 2 STUDY GUIDE Question and answers 100% correct 2024 Economy Pricing - correct answer Prices that targeting customers looking to save as much money as possible. What business scenario fits the definition of a small business, according to the SBA? - correct answer A fast food restaura...

ESB Formulas Study Guide Questions with complete solution 2024 Customer Acquisition Cost - correct answer (Marketing expenses + Sales expenses) divided by the number of new customers for the period. Selling Price - correct answer cost x desired profit margin + cost Net Income - correct an...

ESB Formulas Question and answers rated A+ 2024 Selling Price (Cost x Desired Profit Margin) + Cost Profit Margin Cost x Desired Profit Margin Equity Assets- Liabilities Gross Profit Income - Cost of Goods Net Income Total Income - Cost of Goods Sold - Expenses

esb nfte study guide for esb certificate test Question and answers 100% correct 2024 Creativity - correct answer Inventing new ways of doing things; thinking "outside the box" Determination - correct answer Refusing to quit despite obstacles Flexibility - correct answer The ability to ...

ESB Practice Exam 1 Question and answers already passed 2024 B2B Part 1 - correct answer wholesale flooring distributor because the transaction implies the materials purchased will be resold thru a retail business, such as an installer, or a store open to the general public B2B Part 2 - correct...

ESB Practice Exam 1 Question and answers verified to pass 2024 Which three characteristics help identify a business opportunity? - correct answer Quality, Service, Price Which two documents summarize the business plan of a company? - correct answer Lean Canvas, Pitch Deck Which two ways ca...

ESB Practice Exam 1 Question and answers correctly solved 2024 A law was passed increasing the minimum wage by 30%. The owner of a small landscaping business must now pay all of her laborers 30% higher wages. What is the minimum amount the owner must now charge customers for labor to balance her in...

ESB Practice Exam Questions with complete solution 2024 True or False: A sales presentation aims to close a sale - correct answer False True or False: Prospecting is following up with customers - correct answer False True or False: Overcoming customer objections occurs before the sales pre...

ESB Practice Exam Question and answers rated A+ 2024 T/F Trademark licensing is used for brand names, logos, or slogans - correct answer True This segment describes the benefits to customers based on their wants or needs and how they use the product - correct answer Behavioral T/F Trade...

ESB Practice Test 1 Question and answers 100% correct 2024 physical - correct answer σωματικός habitual - correct answer συνηθισμένος depressed - correct answer θλιμμένος terrified - correct answer τρομοκρατημένος pessimistic - correct...

ESB Practice Test Question and answers already passed 2024 A welding shop owner rents space in a building and need $5000 in supplies to complete a large project for a new customer. The bank has turned down a personal loan request. The welding shop owner does not want to share ownership of the busine...

ESB STUDY QUESTIONs with complete solution 2024 for businesses, operating expenses may typically include supplies, advertising expenses, wages, rent and utility cost - correct answer True Operating expenses include selling, general, and administrative (SG&A) expenses, and costs of goods sold (C...

ESB Study Review Question and answers rated A+ 2024 What to research for competitive information (What to research about your competition. - correct answer pricing and marketing She has a fix cost of 3,000 and the average cost of the item is 2.25 and she sells it for 4.25. What is her break-e...

ESB Test 1 Question and answers already passed 2024 What is entrepreneurship? - correct answer Setting up a business with the aim to make a profit. B2B - correct answer Wholesale flooring distributor & purchases B2C - correct answer Motorcycle repair shop & Chain of grocery stores Sa...

Esb test 3 Question and answers rated A+ 2024 Which characteristics would be beneficial to an entrepreneur? - correct answer Doesn't give yo easily What are three characteristics of entrepreneurs??(three options) - correct answer Responsible, disciplined, and honest How would a perspectiv...

ESB Test 4 Question and answers 100% correct 2024 Bob decides he wants to capitalize on the success of an indie film. He builds a retail site that sells various products for fans of the movie. Given this information, which item should concern Bob the most? - correct answer supply reliability A ...

ESB Test 5 Question and answers already passed 2024 A mobile lunch truck is introducing a new seasonal salad . Which group of people would be the most likely to purchase this new salad? - correct answer employees who work at nearby businesses Amy has a successful wedding planning company and w...

esb test Question and answers verified to pass 2024 C-Corporation: - correct answer • Shareholders are not personally responsible for business liabilities. • Taxed twice business pays at the corporate level, and shareholders pay on income received. A separate tax return is required for the ...

ESB Test DOS Question and answers correctly solved 2024 In general, which two characteristics define a "small" business? (Choose two) - correct answer -Fewer than 1,500 employees -Less than $35.5 million revenue Classify each other the following businesses as either Physical or Digital. - co...

Esb Test Questions with complete solution 2024 Which three elements are part of the product/market fit hypothesis - correct answer Determine your target customer + identify underserved customer needs + define your value proposition Which option can be copyrighted - correct answer Literary wo...

ESB V Question and answers rated A+ 2024 What is Entrepreneurship? - correct answer Setting up a business with the aim to make a profit. You've been asked to classify several businesses as either B2B or B2C. For each business, select B2B or B2C. Note: You will receive partial credit fo...

ESB V2 Certification Question and answers 100% correct 2024 Quality - correct answer _______ is measured by how well the product or service successfully serves its users' purpose. E-commerce sales and door-to-door sales - correct answer What are two examples of direct distribution channels...

ESB v2 Certification Study Set Question and answers already passed 2024 Break Even Formula - correct 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: B...

ESB V2 Certification Question and answers verified to pass 2024 Quality - correct answer _ is measured by how well the product or service successfully serves its users' purpose. What are two examples of direct distribution channels? - correct answer E-commerce sales and door-to-door sales ...

ESB V2 Question and answers correctly solved 2024 Market/Fit Hypothesis Exists when you have the right solution to a problem worth solving. Exists when people need your product rather than just seeing a potential benefit of using it. Exists when users love your product so much they tell other pe...

ESB Vocab Question and answers rated A+ 2024 Acquisition Cost - correct answer Costs incurred by a business for property or equipment Angel Investor - correct answer Investor who is willing to wait for a paycheck until a business starts showing profit; they will accept a lower return on inves...

ESB Question and answers already passed 2024 Business Opportunity - correct answer A situation an entrepreneur analyzes and evaluates to see if starting a sustainable, profitable business is feasible. Angel Investor - correct answer An investor who provides funding to a business for a stake i...

ESB Question and answers already passed 2024 What is Entrepreneurship? - correct answer Setting up a business with the aim to make a profit. For each business, select B2B or B2C. - correct answer B2B- Wholesale flooring distributor, Purcheases requirin a tax exemption certificate B2C-Motorc...

ESB Question and answers verified to pass 2024 Customer Acquisition Cost = Marketing Expenses + Sales Expenses / # of New Customers Net Profit = Value of Investment - Cost of Investment Return on Investment (ROI) = (Net Profit/ Cost of Investment) x 100 Cash Flow Analysis Total Ca...

Gmetrix ESB Practice Exam 1 Question and answers correctly solved 2024 What is Entrepreneurship? - correct answer Setting up a business with the aim to make a profit B2B or B2C - correct answer Wholesale flooring distributer- B2B Purchases requiring a tax exemption certificate- B2B Chain of l...

test esb 4 Question and answers rated A+ 2024 Prices that target customers looking to save as much money as possible. - correct answer Economy Pricing .Pair several products together and selling them for less money than each would be individually. - correct answer Bundle Pricing Setting pr...

Testing mode ESB exam 1 Question and answers 100% correct 2024 You are a technical trainer. You teach online courses to help workers more efficiently use Microsoft Office applications. What is an effective way to measure your teaching performance during an online course? - correct answer Conduct o...