Esb Regional Core Practice Test
Questions And Answers With Verified
Solutions Updated 2024
grit - ANSWER✔✔ Characteristics of successful entrepreneurs include:
working late and showing up for work on time the next day - ANSWER✔✔ Which
best describes self-discipline?
online credit - ANSWER✔✔ Consuelo's gift store has an opportunity that will
disappear if they don't move quickly. A competitor is moving to another state and
they've offered to sell Consuelo their inventory at 25% of retail value. Consuelo
has inspected the inventory - it's in perfect condition and includes all of the most
popular items that Consuelo's store sells every day. In the upcoming holiday
season 60 days away Consuelo is sure the store can sell pretty much all of this
inventory. Unfortunately this offer is only open for 48 hours - after that, the
competitor will sell to another buyer.What type of financing should Consuelo
seek?
contribution margin - ANSWER✔✔ Unit price minus cost of goods sold.
two months of summer vacation - ANSWER✔✔ Which of the following is a school
expectation
how many units the company will need to sell to pay for a new piece of
equipment - ANSWER✔✔ A breakeven analysis can determine:
, the date when the final loan payment will be made and the loan balance will be
zero - ANSWER✔✔ The term "maturity" refers to:
describes in detail how the company's product or service will be differentiated
versus its competition - ANSWER✔✔ A business plan has the following purpose:
persistence - ANSWER✔✔ Self-discipline can best be defined as:
maximizing revenues for different products using different price points. -
ANSWER✔✔ Pricing strategies may include
are the same no matter how many customers the business serves - ANSWER✔✔
The fixed costs of a business:
works for someone else - ANSWER✔✔ An employee:
determine how much capital is required to launch the business - ANSWER✔✔ To
determine whether a business opportunity is realistic, the entrepreneur must:
Secretary of State - ANSWER✔✔ The government agency that enables companies
to register to do business in the state of Louisiana is:
determination - ANSWER✔✔ Robin has been working throughout the week to get
ready for the store opening on Friday. The tiles for the entryway weren't
delivered on time, but Robin took the company van and picked up the tiles at the
vendor's warehouse. When the utility didn't connect the electricity on Monday,
Robin stayed on hold for an hour before finding a supervisor who sent a utility
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