ESB EXAM Study Guide 2025 EXAM WITH
QUESTIONS AND CORRECT DETAILED
ANSWERS/EXPERT VERIFIED FOR GUARANTEED
PASS!/LATEST UPDATE
Save
Terms in this set (122)
Flexibility Ability to adapt, willingness to change
Courage Takes risks in spite of possible losses
Empathy Sensitive to thoughts and feelings of others
What are three Creativity, Determination, Enthusiasm
characteristics of
entrepreneurs?
After a self-assessment, a Buy an existing business that is already successful.
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?
,An entrepreneur moves Location
into a small town and
notices several stores
selling guns and
ammunition. The
entrepreneur loves to
compete in competitive
shooting events. Based on
the scenario provided,
what should be
emphasized in marketing
to attract customers?
An entrepreneur has been Lower Prices
working for a flooring
business in a neighboring
town. He feels he is ready
to open his own flooring
business in his local
community. Which should
be emphasized in
marketing to attract
customers to his new
business?
Which is one of the Being your own boss
greatest benefits of
entrepreneurship?
Which are three risks of Long hours, potential business failure, financial
entrepreneurship? insecurity
, Gabe has worked as a Autonomy
journeyman electrician for
an employer for the past
16 years. He is paid a
good salary. His only
dissatisfaction is the hours
are long and often when
he requests time off he is
denied because of
customer workload.
Which benefit of
entrepreneurship will
Gabe most enjoy?
What is a primary benefit Developing your own rules
of starting a new business
without purchasing a
franchise or buying an
existing business?
A mechanic just graduated Start a new business and invest $50,000 in modern
from motorcycle repair diagnostic tools.
school and wants to start
a business because there
is a lack of motorcycle
repair shops in the local
town. Given the facts
provided, which
opportunity would be the
best choice for the
motorcycle mechanic to
open a business?
QUESTIONS AND CORRECT DETAILED
ANSWERS/EXPERT VERIFIED FOR GUARANTEED
PASS!/LATEST UPDATE
Save
Terms in this set (122)
Flexibility Ability to adapt, willingness to change
Courage Takes risks in spite of possible losses
Empathy Sensitive to thoughts and feelings of others
What are three Creativity, Determination, Enthusiasm
characteristics of
entrepreneurs?
After a self-assessment, a Buy an existing business that is already successful.
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?
,An entrepreneur moves Location
into a small town and
notices several stores
selling guns and
ammunition. The
entrepreneur loves to
compete in competitive
shooting events. Based on
the scenario provided,
what should be
emphasized in marketing
to attract customers?
An entrepreneur has been Lower Prices
working for a flooring
business in a neighboring
town. He feels he is ready
to open his own flooring
business in his local
community. Which should
be emphasized in
marketing to attract
customers to his new
business?
Which is one of the Being your own boss
greatest benefits of
entrepreneurship?
Which are three risks of Long hours, potential business failure, financial
entrepreneurship? insecurity
, Gabe has worked as a Autonomy
journeyman electrician for
an employer for the past
16 years. He is paid a
good salary. His only
dissatisfaction is the hours
are long and often when
he requests time off he is
denied because of
customer workload.
Which benefit of
entrepreneurship will
Gabe most enjoy?
What is a primary benefit Developing your own rules
of starting a new business
without purchasing a
franchise or buying an
existing business?
A mechanic just graduated Start a new business and invest $50,000 in modern
from motorcycle repair diagnostic tools.
school and wants to start
a business because there
is a lack of motorcycle
repair shops in the local
town. Given the facts
provided, which
opportunity would be the
best choice for the
motorcycle mechanic to
open a business?
