ESB CERTIFICATION PRACTICE STUDY QUESTIONS |GUARANTEED ACCURATE ANSWERS (2025)

ESB CERTIFICATION PRACTICE
STUDY QUESTIONS |GUARANTEED
ACCURATE ANSWERS (2025)

A variable cost is eventually paid off over time true or false ? -
ACCURATE ANSWERS✔✔ False


A fixed cost has the same value each time it is incurred true or false ? -
ACCURATE ANSWERS✔✔ True


Fixed costs are expenses that have to be paid by a company regardless of
changes in revenue true or false ? - ACCURATE ANSWERS✔✔ True


Variable costs depend on the increase or decrease in the amount of goods
and service produced or sold , True or False - ACCURATE
ANSWERS✔✔ True


Determine the timing of each element is it before or after the sales


Prospect
Follow up
Approach
Overcome - ACCURATE ANSWERS✔✔ Prospect- Before

, Follow up-After
Approach-Before
Overcome-After


One objective of entrepreneurship is to make profit True or false -
ACCURATE ANSWERS✔✔ True


An entrepreneur is a person who assumes the responsibility and risks of
starting a business , True or False - ACCURATE ANSWERS✔✔ True


Which two actions should you complete when conducting a competitive
analysis
a. Evaluate the competitors branding
b.Assess the competitors management style
c.identify the competitors market share
d.research the competitors strengths and weaknesses - ACCURATE
ANSWERS✔✔ C,D


You want to buy a gift shop in a popular location within a large town ,
which three factors will help you determine if the business is viable
a.current number of employees
b.shop's floor plan
c.market size