Examen
ESB Certification Exam Study Guide Correct answers latest update
ESB Certification Exam Study Guide Correct answers latest update
[Montrer plus]
Aperçu du contenu
ESB Certification Exam Study GuideDomain 1 Lesson 1 - correct answer
The key objective of a small business owner is to generate ____ - correct answer profits
Entrepreneurs are willing to take on new opportunities and unknown ____ to grow their businesses
rapidly - correct answer risks
Tangible items that require pick-up or delivery are ____ products - correct answer physical
When a ____ purchases an item from a business, it is a business-to-consumer transaction - correct
answer customer
____ are for-profit corporations with limited liability - correct answer S corporations
____ are ideal for international businesses - correct answer C corporations
The ____ oversees daily operational and administrative functions - correct answer Chief Operating
Officer
A ____ votes on the management of a company - correct answer stockholder
____ employees are paid a fixed amount each pay period - correct answer Salary
Businesses can compensate employees for work they produce when being paid by ____ - correct answer
piece work
Businesses can offer ____ in addition to a lower salary - correct answer equity
,During the ____ stage of the business life cycle, a company is regularly taking on new customers and
starting to generate a consistent income - correct answer survival
The owner may decide to sell their ownership in the company during the ____ stage - correct answer exit
plan
The five elements of the design thinking process are ____ - correct answer empathize, define, ideate,
prototype , and test
____ allows one to see and experience a customer's perspective - correct answer Empathy
The design team creates multiple inexpensive versions of a product, known as ____ - correct answer
Minimum Viable Products
Name benefits of a franchise - correct answer less risk involved, tested operational processes, or
recognized brands
No ownership, no US federal taxes - correct answer Non-profit
Best for international business even with being double-taxed - correct answer C corporation
Easy to create but comes with unlimited liability - correct answer Sole proprietorship
Lower tax rate that prevents the company from being double-taxed - correct answer S corporation
Ideal for a single owner seeking low risk - correct answer LLC (limited liability company)
Shared financial backing - correct answer Partnership
Creates the company - correct answer Founder
, Oversees company finances - correct answer CFO
Owns stock in the company - correct answer Stockholder
Reports to the board of directors - correct answer CEO
Oversees daily operational and administrative functions Stakeholder Has a vested interest in the success
of the company - correct answer COO
Has a vested interest in the success of the company - correct answer Stakeholder
Non-cash compensation - correct answer Equity
Set rate of pay for hours worked - correct answer Hourly
Usually found in sales roles - correct answer Commission
Set amount of pay in a given period - correct answer Salary
List the correct order of the business life cycle stages - correct answer Existence, Survival, Success, Take-
off, Resource maturity, Pivot or persist, Exit plan
Michael owns a small but profitable tech company. He has been approached by a larger company that
wants to purchase his business. In which business life cycle stage is Michael? - correct answer Exit Plan
Bill just started a new graphic design business. He is advertising online and trying to gain customers. He
just finished working with his first client. In which business life cycle stage is Bill? - correct answer
Existence
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 Schoolflix. Stuvia facilite les paiements au vendeur.
Est-ce que j'aurai un abonnement?
Non, vous n'achetez ce résumé que pour 14,39 €. Vous n'êtes lié à rien après votre achat.
Peut-on faire confiance à Stuvia ?
4.6 étoiles sur Google & Trustpilot (+1000 avis)
49270 résumés ont été vendus ces 30 derniers jours
Fondée en 2010, la référence pour acheter des résumés depuis déjà 15 ans