ESB • ESB

In general, which characteristics define a "small" business? - ANSWERS- fewer than 1,500 employees - less than $35.5 million revenue classify each of the following as either physical or digital - ANSWERSPHYSICAL: - 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 ...

Flexibility - ANSWERSAbility to adapt, willingness to change Courage - ANSWERSTakes risks in spite of possible losses Empathy - ANSWERSSensitive to thoughts and feelings of others What are three characteristics of entrepreneurs? - ANSWERSCreativity, Determination, Enthusiasm After a self-assessment, a potential entrepreneur has learned that she has a very low risk tolerance. Based upon this finding, which approach might be less stressful for the entrepreneur to have her own business?...

T/F Trademark licensing is used for brand names, logos, or slogans - ANSWERSTrue This segment describes the benefits to customers based on their wants or needs and how they use the product - ANSWERSBehavioral T/F Trade secret licensing must be registered with the gov - ANSWERSTrue T/F The design thinking process places a high emphasis on developing customer empathy - ANSWERSTrue T/F The design thinking process aims to develop solutions to problems - ANSWERSTrue You want to buy a g...

Acquisition Cost - ANSWERSthe cost of obtaining data that you don't have Contingency costs - ANSWERSamount of money included to cover potential events that are not specifically accounted for in a cost estimate Variable Cost - ANSWERSa cost that rises or falls depending on how much is produced fixed costs - ANSWERScosts that do not vary with production or sales level pro forma - ANSWERSfinancial statement Small Business Administration (SBA) - ANSWERSgovernment agency that helps ...

ESB Exam Study Guide Questions and Answers Grade A+

ESB Certification Test Questions and Answers Grade A+

ESB Certification Exam Study Guide Questions and Answers Grade A+

ESB Certification Exam Review Questions and Answers Grade A+

ESB V2 Certification Questions and Answers Grade A+

Acquisition Cost - Correct Ans-the cost of obtaining data that you don't have Contingency costs - Correct Ans-amount of money included to cover potential events that are not specifically accounted for in a cost estimate Variable Cost - Correct Ans-a cost that rises or falls depending on how much is produced fixed costs - Correct Ans-costs that do not vary with production or sales level pro forma - Correct Ans-financial statement Small Business Administration (SBA) - Correct Ans...