Esb practice exam - Study guides, Class notes & Summaries
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ESB(Answers for ESB Practice Test Entrepreneurship & Small Business v.2 - U.S. Practice Exam 1 Training)Questions And Answers
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ESB(Answers for ESB Practice Test 
Entrepreneurship & Small Business v.2 - U.S. 
Practice Exam 1 Training)Questions And 
Answers 
What is Entrepreneurship? - answerEntrepreneurship is setting up a business with the aim to 
make a profit. 
You've been asked to classify several businesses as either B2B or B2C. 
For each business, select B2B or B2C. - answer"B2B" is an acronym for "business to 
business," while "B2C" means "business to consumer." B2B businesses sell products and 
services ...
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ESB (Answers for ESB Practice Test Entrepreneurship & Small Business v.2 - U.S. Practice Exam 1 Training) Questions and Answers.
- Exam (elaborations) • 10 pages • 2024
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ESB (Answers for ESB Practice Test Entrepreneurship & 
Small Business v.2 - U.S. Practice Exam 1 Training) 
Questions and Answers. 
What is Entrepreneurship? - Answer ️️ -Entrepreneurship is setting up a business with the aim 
to make a profit. 
You've been asked to classify several businesses as either B2B or B2C. 
For each business, select B2B or B2C. - Answer ️️ -"B2B" is an acronym for "business to 
business," while "B2C" means "business to consumer." B2B businesses sell pro...
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ESB Practice Exam Questions and Answers
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ESB Practice Exam
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ESB Practice Exam Questions with complete solution 2024
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ESB Practice Exam Questions with complete solution 2024 True or False: A sales presentation aims to close a sale - correct answer False 
 
True or False: Prospecting is following up with customers - correct answer False 
 
True or False: Overcoming customer objections occurs before the sales presentation - correct answer False 
 
Which two types of information does an income statement provide? 
A: An indication of profitability 
B: An analysis of the shareholder equity 
C: A classification...
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ESB(Answers for ESB Practice Test Entrepreneurship & Small Business v.2 - U.S. Practice Exam 1 Training)Questions And Answers.
- Exam (elaborations) • 8 pages • 2023
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ESB(Answers for ESB Practice Test Entrepreneurship & Small Business v.2 - U.S. Practice Exam 1 Training)Questions And Answers. 
 
What is Entrepreneurship? 
Entrepreneurship is setting up a business with the aim to make a profit. 
You've been asked to classify several businesses as either B2B or B2C. 
For each business, select B2B or B2C. 
"B2B" is an acronym for "business to business," while "B2C" means "business to consumer." B2B businesses sell products and services directly to other...
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Gmetrix ESB Practice Exam 1 Question and answers correctly solved 2024
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Gmetrix ESB Practice Exam 1 Question and answers correctly solved 2024 What is Entrepreneurship? - correct answer Setting up a business with the aim to make a profit 
B2B or B2C - correct answer Wholesale flooring distributer- B2B 
Purchases requiring a tax exemption certificate- B2B 
Chain of local grocery stores- B2C 
Motorcycle repair shop- B2C 
You would like some benefits enjoyed by large corporations, but do not want to be taxed twice. You have four partners that would be shareholders....
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ESB Practice Exam Study Questions and Answers 2024
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T/F Trademark licensing is used for brand names, logos, or slogans - True 
 
This segment describes the benefits to customers based on their wants or needs and how they use the product - Behavioral 
 
T/F Trade secret licensing must be registered with the gov - True 
 
T/F The design thinking process places a high emphasis on developing customer empathy - True 
 
T/F The design thinking process aims to develop solutions to problems - True 
 
You want to buy a gift shop in a popular location with...
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ESB(Answers for ESB Practice Test Entrepreneurship & Small Business v.2 - U.S. Practice Exam 1 Training)Questions And Answers 2023/2024.
- Exam (elaborations) • 8 pages • 2023
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ESB(Answers for ESB Practice Test Entrepreneurship & Small Business v.2 - U.S. Practice Exam 1 Training)Questions And Answers 2023/2024. 
What is entrepreneurship? - Correct Answer Setting up a business with the aim to make a profit. 
 
For each business, select B2B or B2C. - Correct Answer B2B 
Purchases requiring a tax exemption certificate. 
Wholesale flooring distributor. 
 
B2C 
Motorcycle repair shop. 
Chain of local grocery stores. 
 
Which legal structure should you set up for your busin...
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ESB Practice Exam 1 Question and answers already passed 2024
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ESB Practice Exam 1 Question and answers already passed 2024 B2B Part 1 - correct answer wholesale flooring distributor because the transaction implies the materials purchased will be resold thru a retail business, such as an installer, or a store open to the general public 
 
B2B Part 2 - correct answer purchases requiring a tax exemption certificate 
 
B2C Part 1 - correct answer chain of local grocery scores because purchases at the store are typically made by buyers for personal use 
 ...
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ESB Practice Exam 1 Practice Questions with Answers
- Exam (elaborations) • 6 pages • 2024
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A law was passed increasing the minimum wage by 30%. The owner of a small landscaping business must now pay all of her laborers 30% higher wages. 
What is the minimum amount the owner must now charge customers for labor to balance her increased operational expenses? 
Note: Disregard associated increases in taxes, such as FICA. -30% 
 
You've been asked to classify several businesses as either B2B or B2C 
For each business, select B2B or B2C. B2B 
-Wholesale flooring distributor 
-Purchases requ...
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