Esb Test Questions and Answers
Which is one of the greatest benefits of being an entrepreneur? - ANSWERS -Schedule control
Which 3 characteristics help identify a business opportunity. - ANSWERS -Service, quality, price
Which three elements are part of the product/market fit hypothesis - ANSWERS -Determine
your target customer + identify underserved customer needs + define your value proposition
Which option can be copyrighted - ANSWERS -Literary works
Which three items would be found on a balance sheet - ANSWERS -Cash + Cost of good sold +
retained earnings
Which three items are types of business compensation - ANSWERS -Bonuses + Commissions +
stock options
Which three information types are used to determine a target market - ANSWERS -
Psychographic + Geographic + Behavioral
Which two actions are important ways to determine the viability of a business opportunity -
ANSWERS -Review management skills set + analyze market size
True or False: The franchiser develops the business model, brand, products and/or services,
operating systems and quality control standards - ANSWERS -True
Which is one of the greatest benefits of being an entrepreneur? - ANSWERS -Schedule control
Which 3 characteristics help identify a business opportunity. - ANSWERS -Service, quality, price
Which three elements are part of the product/market fit hypothesis - ANSWERS -Determine
your target customer + identify underserved customer needs + define your value proposition
Which option can be copyrighted - ANSWERS -Literary works
Which three items would be found on a balance sheet - ANSWERS -Cash + Cost of good sold +
retained earnings
Which three items are types of business compensation - ANSWERS -Bonuses + Commissions +
stock options
Which three information types are used to determine a target market - ANSWERS -
Psychographic + Geographic + Behavioral
Which two actions are important ways to determine the viability of a business opportunity -
ANSWERS -Review management skills set + analyze market size
True or False: The franchiser develops the business model, brand, products and/or services,
operating systems and quality control standards - ANSWERS -True
