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Esb Certification Exam 1 -Entrepreneurship And Small Business Certification | Questions And Verified Answers|Graded A+|Pass On First Attempt|Brand New 2026 Update

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ESB CERTIFICATION EXAM 1 -ENTREPRENEURSHIP AND SMALL BUSINESS CERTIFICATION | QUESTIONS AND VERIFIED ANSWERS|GRADED A+|PASS ON FIRST ATTEMPT|BRAND NEW 2026 UPDATE

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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. - ANSWER -30%



You've been asked to classify several businesses as either B2B or B2C

For each business, select B2B or B2C. - ANSWER B2B

-Wholesale flooring distributor

-Purchases requiring a tax exemption certificate

B2C

-Chain of local grocery stores

-Motorcycle repair shop



Your company manufactures 72 hr. emergency kits and sells them for a low profit margin.
You want to expand your customer base to increase your sales volume, but you have a lim-
ited budget.

What marketing method would be the best choice? - ANSWER -Social Media



For each statement about Product Quality Control Testing, select True or False. - ANSWER
True

-Refine quality measures as

needed to increase the level of

satisfaction with your product.


1

, -Establish the method to use for

testing product quality.

-Determine what standards

have to be met based on the

product and industry.



False

-Review the results of a

competitors quality assurance

testing

-Don't spend money on Product

Quality Control Testing unless

more than 10% of customers

complain.



Which two ways can Customer Service and Support affect sales? (Choose two) - ANSWER
-More sales through customer..

-Increased sales through..



Which two are benefits of equity funding? (Choose two) - ANSWER -Can be used to raise
working..

-Investors do not get paid..



You are a technical trainer. You teach online courses to help workers more efficiently use Mi-
crosoft Office applications.

What is an effective way to measure your teaching performance during an online course? -
ANSWER -Conduct on screen pop quizzes




2

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