ESB V.2 Random Questions
Pitch Deck - ANS-A presentation given to potential investors to provide a brief overview of the
business plan to earn another meeting.
Price - ANS-The amount of money charged for goods or services.
Primary Data - ANS-First-hand research like surveys, interviews, and statistical data.
Problem-Solving - ANS-The process of coming up with solutions to solve a problem.
Product - ANS-A tangible item.
SWOT Analysis - ANS-A planning tool used to document a company's strengths, weaknesses,
opportunities, and threats.
Product/Market Fit - ANS-The stage where a business's sales are high and continue to grow
because their product or service is something customers want and continue to purchase.
Profit - ANS-The amount of financial gain from a business.
Prototype - ANS-A preliminary product, commonly a product with minimum viability, from which
to test and develop.
Resiliency - ANS-One's ability to adapt to change, loss, and disappointment.
Budget - ANS-The amount of money a business plans on spending during a given period.
B2C - ANS-A business-to-consumer (B2C) transaction.
B2B - ANS-A business-to-business (B2B) commercial transaction between businesses.
Asset - ANS-A tangible item a business owns.
Angel Investor - ANS-An investor who provides funding to a business for a stake in the business
in return.
Pitch Deck - ANS-A presentation given to potential investors to provide a brief overview of the
business plan to earn another meeting.
Price - ANS-The amount of money charged for goods or services.
Primary Data - ANS-First-hand research like surveys, interviews, and statistical data.
Problem-Solving - ANS-The process of coming up with solutions to solve a problem.
Product - ANS-A tangible item.
SWOT Analysis - ANS-A planning tool used to document a company's strengths, weaknesses,
opportunities, and threats.
Product/Market Fit - ANS-The stage where a business's sales are high and continue to grow
because their product or service is something customers want and continue to purchase.
Profit - ANS-The amount of financial gain from a business.
Prototype - ANS-A preliminary product, commonly a product with minimum viability, from which
to test and develop.
Resiliency - ANS-One's ability to adapt to change, loss, and disappointment.
Budget - ANS-The amount of money a business plans on spending during a given period.
B2C - ANS-A business-to-consumer (B2C) transaction.
B2B - ANS-A business-to-business (B2B) commercial transaction between businesses.
Asset - ANS-A tangible item a business owns.
Angel Investor - ANS-An investor who provides funding to a business for a stake in the business
in return.
