Examen
ESB V.2 EXAM 2 SOLVED 100% CORRECT!!
ESB V.2 EXAM 2 SOLVED 100% CORRECT!!
[Montrer plus]
1 vérifier
Par: nabridges • 9 mois de cela
Aperçu du contenu
ESB V.2 EXAM 2 SOLVED 100%CORRECT!!
In general, which two characteristics define a "small" business? (Choose two) -
Answer Fewer then 1,500 employees
AND
Less than $35.5 million revenue
Classify each of the following businesses as either Physical or Digital. - Answer
Physical:
- Bakery in your community
- Hair salon that makes appointments online
Digital:
- Online store that dropships camping gear
- Bookstore on Amazon that sells eBooks
You need to create a legal structure for your small business. You have plans for it to
grow and hope in the future to sell shares to the public. Your startup partners are
citizens of Mexico and Japan. You do not want to be personally responsible for
business liabilities.
Which legal structure should you set up for your business? - Answer C-Corporation
Match each business management role to its corresponding description.
To answer, move each role from the list on the left to its description on the right. -
Answer COO: Oversees the day-to-day administrative functions of a business;
second in command.
CIO: Develops policies and structures to protect company data.
CFO: Creates budgets, analyzes financial data, and forecasts company profits.
CEO: The highest-ranking employee in the company; reports to the board of
directors.
You own a lawn care business. You have employees who work long hours laboring
in good weather, often exceeding 40 hours per week. They also work short hours
when the weather is bad, sometimes they can't work at all. You do all of the sales for
your business.
Which two types of compensation would be appropriate for these landscape
employees? - Answer Salary & Hourly
Match each Stage of the Business Life Cycle to its corresponding description.
To answer, move each stage from the list on the left to its description on the right. -
Answer Maturity: The business is separate from the owner with responsibilities
, ESB V.2 EXAM 2 SOLVED 100%
CORRECT!!
delegated to staff. A business in this stage usually commands a considerable share
of the market and may even be a household name.
Success: Company is stable and profitable.
Takeoff: Expansion strategies are implemented, and investment is balanced with
potential.
Survival of the Fittest: Focus shifts to revenue, expenses, and growth. Cashflow is
the major issue.
Existence: The business introduces itself to the market and attempts to catch the
attention of potential customers.
For each statement about the Design Thinking Process, select True or False. -
Answer True:
- Assumptions are challenged and ideas are created in the Ideate phase.
- Problem statements are written in the Define phase.
False:
- The Empathize phase tests solutions to users' problems.
- Building Prototypes is the final phase of the Design Thinking Process.
Which of these is a characteristic of a successful entrepreneur mindset? - Answer
Doesn't give up easily
Which is one of the greatest risks of being an entrepreneur? - Answer Financial
instability
What is a primary benefit of starting a new business without purchasing a franchise
or buying an existing business? - Answer Developing your own rules
A rancher is preparing to retire. He is considering selling half of his land and giving
the other half to his children. He hears that development for a ski resort was just
approved on land adjacent to his property.
Which viable business opportunity does the retiring rancher foresee? - Answer An
increase in land value
Complete the sentence about business documents by selecting the correct option
from each dropdown list.
A _____ is a multi-page document describing and detailing a business.
A slide presentation for potential investors that summarizes of the key items of a
business is called a _____.
Les avantages d'acheter des résumés chez Stuvia:
Qualité garantie par les avis des clients
Les clients de Stuvia ont évalués plus de 700 000 résumés. C'est comme ça que vous savez que vous achetez les meilleurs documents.
L’achat facile et rapide
Vous pouvez payer rapidement avec iDeal, carte de crédit ou Stuvia-crédit pour les résumés. Il n'y a pas d'adhésion nécessaire.
Focus sur l’essentiel
Vos camarades écrivent eux-mêmes les notes d’étude, c’est pourquoi les documents sont toujours fiables et à jour. Cela garantit que vous arrivez rapidement au coeur du matériel.
Foire aux questions
Qu'est-ce que j'obtiens en achetant ce document ?
Vous obtenez un PDF, disponible immédiatement après votre achat. Le document acheté est accessible à tout moment, n'importe où et indéfiniment via votre profil.
Garantie de remboursement : comment ça marche ?
Notre garantie de satisfaction garantit que vous trouverez toujours un document d'étude qui vous convient. Vous remplissez un formulaire et notre équipe du service client s'occupe du reste.
Auprès de qui est-ce que j'achète ce résumé ?
Stuvia est une place de marché. Alors, vous n'achetez donc pas ce document chez nous, mais auprès du vendeur EvaTee. Stuvia facilite les paiements au vendeur.
Est-ce que j'aurai un abonnement?
Non, vous n'achetez ce résumé que pour 12,77 €. Vous n'êtes lié à rien après votre achat.
Peut-on faire confiance à Stuvia ?
4.6 étoiles sur Google & Trustpilot (+1000 avis)
66579 résumés ont été vendus ces 30 derniers jours
Fondée en 2010, la référence pour acheter des résumés depuis déjà 14 ans