Exam (elaborations)
ESB PRACTICE TEST QUESTIONS AND ANSWERS
- Course
- Institution
ESB PRACTICE TEST QUESTIONS AND ANSWERS...
[Show more]
Seller
Follow
luzlinkuz
Reviews received
Content preview
ESB PRACTICE TEST QUESTIONS ANDANSWERS
T/F Trademark licensing is used for brand names, logos, and slogans - Answer:
True.
This chapter outlines the benefits to customers based on their goals, needs, and
how they utilise the product. ANSWER Behavioural
T/F Trade secret licensing must be registered with the government. - True.
T/F The design thinking process emphasises establishing consumer empathy.
T/F The design thinking approach tries to discover solutions for challenges. -
Answer: True.
You wish to buy a gift shop in a popular area of a large town. Which three
variables will assist you decide whether the business opportunity is viable? -
ANSWER: Financing requirements.
- Revenue and costs
- Market Size.
T/F Affiliate sales systems pay commissions to companies who sell their items -
ANSWER: True
Which marketing platforms are examples of owned media? - Websites and
blogs
What exactly does a CFO (chief financial officer) do? - ANSWER Creates
budgets and financial plans (CEO, CIO, and COO).
Direct distribution offers two services that fulfilment centres do not: ANSWER:
Product Marketing and Manufacturing.
, T/F The design thinking method strives to build a product that meets the
designer's needs. - Answer: False
T/F Fixed costs are expenses that must be paid by the company regardless of
fluctuations in revenue. - ANSWER True
T/F An S corporation is suited for internal companies with at least 100
shareholders.
T/F Variable cost depends on the rise or reduction in the number of services or
products sold - ANSWER True
T/F Value engineering alters the purpose of the product - ANSWER False
What is the first step in developing a product/market fit hypothesis? -
ANSWER: Determine who the target customer is.
You should invest in a business with straightforward transactions, cheap
inventory costs, and fast, free product delivery. A firm that sells digital
products.
T/F A non-profit organisation is taxed - ANSWER False.
T/F Is copyright licensing required for material in the public domain? - False.
You need to conduct a SWOT analysis. What are the *internal* elements that
influence your business? - ANSWER - Strengths and Weakness
You need money to launch your business. You have a few ideas for your
business. You are looking for mentorship and are willing to give up some equity
in your company. What form of funding should you seek? - ANSWER: Angel
Investor.
T/F True or False: Taking on business debt is a requirement for
entrepreneurship.
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 luzlinkuz. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $10.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
50843 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now