E.S.B. GMETRIX CERTIFICATION EXAM
2025 QUESTIONS AND ANSWERS
After doing a self-assessment, Peter realizes he wants to start a plumbing business, but doesn't
want to risk alot of his own money. What would be his best option? - ANS Purchase an
existing business
Besides defining strengths and weaknesses, what is the other main factor determined during a
self-assessment? - ANS Risk tolerance
Todd wants to open a golf shop. Todd doesn't have any collateral except for his Ford Pinto.
Upon attempting to secure financing from a bank, Todd is rejected for lack of collateral. Todd
then turns to private investors in an effort to get the business started. What entrepreneurial
characteristic is Todd exhibiting? - ANS Flexibility
Phyllis owns multiple pet stores. Phyllis opens a new pet store in a growing area of town but the
new store fails and closes after a year. How should Phyllis best handle this? - ANS evaluate
why the store failed and use that knowledge for future ventures
Donnie is new to a town that does not have a doggie day care facility. Upon researching the
situation, Donnie decides to open a doggie day care facility. Which marketing option for this
new business should be a point of emphasis? - ANS Location
Which entrepreneurial trait best deals with ambiguity? - ANS Patience
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, Fran works for a flooring company in a neighboring town. Many of Fran's customers complain
about lack of available flooring companies in the area and that of those companies, prices are
too high. Should Fran decide to open a flooring business, what can be a good marketing
strategy? - ANS Lower prices
Which are considered rewards of being an entrepreneur? Choose 3 answers. - ANS Bigger
community asset, better earnings, working the way one chooses
Rey has worked as a transportation coordinator for the past 10 years. Rey often is dissatisfied
with the stagnation of the job and wants to open her own transportation service. Which benefit
of entrepreneurship will be the biggest one for Rey? - ANS Autonomy
George wants to take his passion for golf and open a golf academy. What would be benefits
George could enjoy from this experience? Choose 2 answers. - ANS Financial gain, pursing
ones passion
Which are traits of a successful entrepreneur? Choose 3 answers. - ANS patient, confident,
and enthusiastic
Which are considered risks of being an entrepreneur? Choose 3 answers. - ANS Long hours,
possible business failure, financial instability
Ronnie wants to start a retail outdoor sports store. In the last 10 years, Ronnie has moved 5
times to 5 different states. What about Ronnie could hamper potential success for this
business. - ANS Lack of patience
Bruce is an experienced mechanic that grew up in a family of entrepreneurs. He has decided to
open an auto shop that specializes in alignments, repairs, oil changes, and warranty work for
rental fleets, leasing companies and auto dealerships. Which customer group will Bruce's
company support? - ANS business
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@COPYRIGHT FYNDLAY 2025/2026
2025 QUESTIONS AND ANSWERS
After doing a self-assessment, Peter realizes he wants to start a plumbing business, but doesn't
want to risk alot of his own money. What would be his best option? - ANS Purchase an
existing business
Besides defining strengths and weaknesses, what is the other main factor determined during a
self-assessment? - ANS Risk tolerance
Todd wants to open a golf shop. Todd doesn't have any collateral except for his Ford Pinto.
Upon attempting to secure financing from a bank, Todd is rejected for lack of collateral. Todd
then turns to private investors in an effort to get the business started. What entrepreneurial
characteristic is Todd exhibiting? - ANS Flexibility
Phyllis owns multiple pet stores. Phyllis opens a new pet store in a growing area of town but the
new store fails and closes after a year. How should Phyllis best handle this? - ANS evaluate
why the store failed and use that knowledge for future ventures
Donnie is new to a town that does not have a doggie day care facility. Upon researching the
situation, Donnie decides to open a doggie day care facility. Which marketing option for this
new business should be a point of emphasis? - ANS Location
Which entrepreneurial trait best deals with ambiguity? - ANS Patience
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@COPYRIGHT FYNDLAY 2025/2026
, Fran works for a flooring company in a neighboring town. Many of Fran's customers complain
about lack of available flooring companies in the area and that of those companies, prices are
too high. Should Fran decide to open a flooring business, what can be a good marketing
strategy? - ANS Lower prices
Which are considered rewards of being an entrepreneur? Choose 3 answers. - ANS Bigger
community asset, better earnings, working the way one chooses
Rey has worked as a transportation coordinator for the past 10 years. Rey often is dissatisfied
with the stagnation of the job and wants to open her own transportation service. Which benefit
of entrepreneurship will be the biggest one for Rey? - ANS Autonomy
George wants to take his passion for golf and open a golf academy. What would be benefits
George could enjoy from this experience? Choose 2 answers. - ANS Financial gain, pursing
ones passion
Which are traits of a successful entrepreneur? Choose 3 answers. - ANS patient, confident,
and enthusiastic
Which are considered risks of being an entrepreneur? Choose 3 answers. - ANS Long hours,
possible business failure, financial instability
Ronnie wants to start a retail outdoor sports store. In the last 10 years, Ronnie has moved 5
times to 5 different states. What about Ronnie could hamper potential success for this
business. - ANS Lack of patience
Bruce is an experienced mechanic that grew up in a family of entrepreneurs. He has decided to
open an auto shop that specializes in alignments, repairs, oil changes, and warranty work for
rental fleets, leasing companies and auto dealerships. Which customer group will Bruce's
company support? - ANS business
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@COPYRIGHT FYNDLAY 2025/2026
