Exam (elaborations)
ESB Exam One (GMETRIX)
- Course
- Institution
ESB Exam One (GMETRIX)
[Show more]
Seller
Follow
lizmwikali72
Reviews received
Content preview
ESB Exam One (GMETRIX)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. - ANS-B) Setting up a business
with the aim to make a profit.
You need to create a legal structure for your small business. You would like some of the
benefits enjoyed by large corporations, but do not want to be taxed twice. You have four
partners who will be shareholders. None of you plan to sell your ownership shares to
the public, but do want to be protected from business liabilities.
Which legal structure should you set up for your business?
A) Sole Proprietorship
B) C-Corporation
C) Limited Liability Company
D) S-Corporation - ANS-D) S-Corporation
Which is one of the greatest benefits of being an entrepreneur?
A)
B)
C)
D) - ANS-Schedule control
The owner of a landscaping business has notified that none of his competitors are
including ponds or other water features in the gardens they create. The landscaper
wants to determine the viability of this business opportunity.
What should this entrepreneur do FIRST before offering to design and build water
features as part of his landscaping business?
A)
B)
C)
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller lizmwikali72. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $7.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
78998 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now