ESB V2 Certification Exam with verified detailed answers

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ESB V2 Certification Exam with verified detailed answers
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_______ is measured by how well the product or service successfully serves its users'
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purpose. - ✔✔Quality || ||




What are two examples of direct distribution channels? - ✔✔E-commerce sales and door-to-
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door sales
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Indirect distribution channels use _______ to sell their products to the end customers. -
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✔✔Middlemen



The first stage of the product/market fit is the ________ stage. - ✔✔Idea
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The second stage of the product/market fit is the ________ stage. - ✔✔prototype
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The third stage of the product/market fit is the ________ stage. - ✔✔launch
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The fourth stage of the product/market fit is the ________ stage. - ✔✔traction
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The fifth stage of the product/market fit is the ________ stage. - ✔✔monetization
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The sixth and final stage of the product/market fit is the ________ stage. - ✔✔growth
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The first step of creating a quality control process is to _____________. - ✔✔Set quality
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standards

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The second step of creating a quality control process is to _____________. - ✔✔Establish
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the method of testing product quality
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The third step of creating a quality control process is to _____________. - ✔✔Review the
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internal quality testing results
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The fourth step of creating a quality control process is to _____________. - ✔✔Refine and
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improve quality methods and measures as needed.
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Sarah is a(n) ________ because she performs tasks while abiding by company policies and
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receives a wage for her work. - ✔✔Employee
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Sharon is in the ________ stage because she is earning more money, and the company's
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finances are doing well. Because she is not yet preparing to finance future growth, she is
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not yet in the take-off stage. - ✔✔Success
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Knowing a process has been tested and works well is valuable to companies as they can
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assume it would work just as successfully for their company. As a result, companies may
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want to use __________ materials. - ✔✔Trade secret
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A written document that details how a business will be structured, managed, run, and
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grown. - ✔✔Business plan
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A brief overview of a business plan, the products and services that will be provided, the
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funding needed, and financial projections. - ✔✔Pitch deck
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Covers problems and solutions, value propositions, marketing channels, key metrics, costs,
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and revenue without all of the business plan details. - ✔✔Lean canvas
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