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ESB Certification Exam Study Guide with Complete Solutions 2024

ESB - Domain 1 Lesson 1 Questions and Answers 100% Correct | Latest 2024

What is entrepreneurship? - the process by which individuals pursue opportunities without regard to resources they currently control Entrepreneurship includes three things: - • Innovation • Risk Taking • Proactivity Characteristics of Successful Entrepreneurs - 1. Passion for the business 2. Product/customer focus 3. Tenacity despite failure 4. Execution intelligence Types of Start-Up Firms - • Salary • Substitute • Lifestyle • Entrepreneurial Salary-Substitute...

The key objective of a small business owner is to generate ____ profits Entrepreneurs are willing to take on new opportunities and unknown ____ to grow their businesses rapidly risks Tangible items that require pick-up or delivery are ____ products physical When a ____ purchases an item from a business, it is a business-to-consumer transaction customer ____ are for-profit corporations with limited liability S corporations ____ are ideal for international businesses C corporations ...

ESB Certification Exam Study Guide With 100% Verified Answers

Domain 1 Lesson 1 - ANSWER The key objective of a small business owner is to generate ____ - ANSWER profits Entrepreneurs are willing to take on new opportunities and unknown ____ to grow their businesses rapidly - ANSWER risks Tangible items that require pick-up or delivery are ____ products - ANSWER physical When a ____ purchases an item from a business, it is a business-to-consumer transaction - ANSWER customer ____ are for-profit corporations with limited liability - ANSWER S...

ESB Certification Exam Study Guide Correct! ESB Certification Exam Study Guide Correct! ESB Certification Exam Study Guide Correct! Domain 1 Lesson 1 - ANSWER The key objective of a small business owner is to generate ____ - ANSWER profits Entrepreneurs are willing to take on new opportunities and unknown ____ to grow their businesses rapidly - ANSWER risks Tangible items that require pick-up or delivery are ____ products - ANSWER physical When a ____ purchases an item from a...

Domain 1 Lesson 1 - ANSWER The key objective of a small business owner is to generate ____ - ANSWER profits Entrepreneurs are willing to take on new opportunities and unknown ____ to grow their businesses rapidly - ANSWER risks Tangible items that require pick-up or delivery are ____ products - ANSWER physical When a ____ purchases an item from a business, it is a business-to-consumer transaction - ANSWER customer ____ are for-profit corporations with limited liability - ANSWER S...

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