Esb exam Guides d'étude, Notes de cours & Résumés

QUESTIONS AND ANSWERS

ESB Exam (2023/ 2024) Questions and Answers| Rated A| Verified Answers 1. T/F Patent licensing is used for a new product or invention ~ Answer: True 2. Which two criteria are required for obtaining venture capital funding ~ Answer: ~ A scalable business model ~ A profitable exit strategy 3. For which two reasons should a meal delivery company use direct distribution channels over indirect distribution channels ~ Answer: ~ To lower shipping cost ~ To quick...

1. Peter owns a barber shop. His total monthly cost is $3,500.00. He charges $15.00 per hair cut. How many hair cuts must his shop perform to break-even? ~ Answer: 234 2. TRUE OR FALSE: Fixed Costs change depending on the volume of production. ~ Answer: False 3. Which 2 types of information may be found on a profit and loss statement? ~ Answer: Revenue / Expenses 4. TRUE OR FALSE: Customer Retention Rate is the percentage of existing customers who remain custo...

ESB EXAM (Answers for ESB Practice Test Entrepreneurship & Small Business v.2 - U.S. Practice Exam 1 Training) Verified 100% Correct!!

ESB EXAM Study Guide Complete Questions (answered spring 2023) A beekeeper is analyzing the cash flow for his business for the prior year. What was the ending inventory value? A beekeeper wants to start a seasonal business renting hives to farmers to pollinate their orchards and crops. The beekeeper believes the business will cover its own costs after three months, and that start-up expenses for hives, trucking, and other costs through that same time will be $18,000. What is Total Financi...

Flexibility - Answer - Ability to adapt, willingness to change Courage - Answer - Takes risks in spite of possible losses Empathy - Answer - Sensitive to thoughts and feelings of others What are three characteristics of entrepreneurs? - Answer - Creativity, 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 b...

Flexibility - Answer Ability to adapt, willingness to change Courage - Answer Takes risks in spite of possible losses Empathy - Answer Sensitive to thoughts and feelings of others What are three characteristics of entrepreneurs? - Answer Creativity, 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?...

ESB V2 Certification Exam Questions with 100% Correct Answers | Verified | Updated 2024