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ESB Practice Exam 1 Question and answers correctly solved 2024 $13.49
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ESB Practice Exam 1 Question and answers correctly solved 2024

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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 i...

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  • August 23, 2024
  • 10
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
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ESB Practice Exam 1
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 increased operational expenses?
Note: Disregard associated increases in taxes, such as FICA. - correct
answer ✔-30%


You've been asked to classify several businesses as either B2B or B2C
For each business, select B2B or B2C. - correct answer ✔B2B
-Wholesale flooring distributor
-Purchases requiring a tax exemption certificate
B2C
-Chain of local grocery stores
-Motorcycle repair shop


Your company manufactures 72 hr. emergency kits and sells them for a low
profit margin. You want to expand your customer base to increase your sales
volume, but you have a limited budget.
What marketing method would be the best choice? - correct answer ✔-Social
Media


For each statement about Product Quality Control Testing, select True or
False. - correct answer ✔True
-Refine quality measures as
needed to increase the level of

, satisfaction with your product.
-Establish the method to use for
testing product quality.
-Determine what standards
have to be met based on the
product and industry.


False
-Review the results of a
competitors quality assurance
testing
-Don't spend money on Product
Quality Control Testing unless
more than 10% of customers
complain.


Which two ways can Customer Service and Support affect sales? (Choose
two) - correct answer ✔-More sales through customer..
-Increased sales through..


Which two are benefits of equity funding? (Choose two) - correct answer ✔-
Can be used to raise working..
-Investors do not get paid..


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