ESB V2 Certification with 100% correct answers

_______ is measured by how well the product or service successfully serves its users' purpose. Quality What are two examples of direct distribution channels? E-commerce sales and door-to-door sales Indirect distribution channels use _______ to sell their products to the end customers. Middlemen The first stage of the product/market fit is the ________ stage. Idea The second stage of the product/market fit is the ________ stage. prototype The third stage of the product/market fit is the ________ stage. launch The fourth stage of the product/market fit is the ________ stage. traction The fifth stage of the product/market fit is the ________ stage. monetization The sixth and final stage of the product/market fit is the ________ stage. growth The first step of creating a quality control process is to _____________. Set quality standards The second step of creating a quality control process is to _____________. Establish the method of testing product quality The third step of creating a quality control process is to _____________. Review the internal quality testing results The fourth step of creating a quality control process is to _____________. Refine and improve quality methods and measures as needed. Sarah is a(n) ________ because she performs tasks while abiding by company policies and receives a wage for her work. Employee Sharon is in the ________ stage because she is earning more money, and the company's finances are doing well. Because she is not yet preparing to finance future growth, she is not yet in the take-off stage. Success Knowing a process has been tested and works well is valuable to companies as they can assume it would work just as successfully for their company. As a result, companies may want to use __________ materials. Trade secret A written document that details how a business will be structured, managed, run, and grown. Business plan A brief overview of a business plan, the products and services that will be provided, the funding needed, and financial projections. Pitch deck Covers problems and solutions, value propositions, marketing channels, key metrics, costs, and revenue without all of the business plan details. Lean canvas ___________ involves solving problems in the best way by considering various potential solutions to the problem. Critical thinking