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ESB Practice Test 2(it explorations semester 2 all correct :3)Already Passed!!
ESB Practice Test 2(it explorations semester 2 all correct :3)Already Passed!! 
 
In general, which characteristics define a "small" business? 
- fewer than 1,500 employees 
- less than $35.5 million revenue 
classify each of the following as either physical or digital 
PHYSICAL: 
- bakery in your community 
- hair salon that makes appointments online 
 
DIGITAL: 
- online store that dropships camping gear 
- bookstore on amazon that sells ebooks 
you need to create a legal structure for your ...
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ESB Questions And Answers Graded A+
PopularESB Questions And Answers Graded A+ 
 
Online Networking 
Each day, Donnie posts the progress of her new building to Facebook as a countdown to opening her business. What type of networking is Donnie using? 
Increase of service 
Ophelia discovers her competitor's turnaround time is double her turnaround time. What should Ophelia's new marketing strategy be to woo back her customers? 
Which three things are defined when doing a self-assessment? 
Risk tolerance, strengths, and weaknesses 
Which ...
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Exam (elaborations)
ESB Exam One (GMETRIX) Questions and Answers 100% Verified
What should this entrepreneur do FIRST before offering to design and build water 
features as part of his landscaping business? 
A) 
B) 
C) 
D) - CORRECT ANSWER-Ask the customers in the area if they are interested in adding 
a water feature to their gardens. 
What is a Target Market? 
A) Marketing with a bullseye goal. 
B) Sales to customers who use archery products. 
C) Customers to whom a company wants to sell its product and services. 
D) Advertising based on bullet points. - CORRECT ANSWER-C...
Exam (elaborations)
ESB EXAM Study Guide best complete solutions 2025/2026
ESB EXAM Study Guide best complete solutions 2025/2026 
 
 
/. Domain 1 Lesson 1 - Answer- 
 
/.The key objective of a small business owner is to generate ____ - Answer-profits 
 
/.Entrepreneurs are willing to take on new opportunities and unknown ____ to grow their businesses rapidly - Answer-risks 
 
/.Tangible items that require pick-up or delivery are ____ products - Answer-physical 
 
/.When a ____ purchases an item from a business, it is a business-to-consumer transaction - Answer-custome...
Exam (elaborations)
ESB EXAM Study Guide best complete solutions 2025/2026
ESB EXAM Study Guide best complete solutions 2025/2026 
 
 
 
/.What are three characteristics of entrepreneurs? - Answer-Creativity, Determination, Enthusiasm 
 
/.After a self-assessment, a potential entrepreneur has learned that she has a very low risk tolerance. Based upon this finding, which approach might be less stressful for the entrepreneur to have her own business? - Answer-Buy an existing business that is already successful. 
 
/.An entrepreneur moves into a small town and notices s...
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