ESB

ESB Practice Exam 1 UPDATED ACTUAL Exam Questions and CORRECT Answers A law was passed increasing the minimum wage by 30%. The owner of a small landscaping business must now pay all of her laborers 30% higher wages. What is the minimum amount the owner must now charge customers for labor to balance her increased operational expenses? Note: Disregard associated increases in taxes, such as FICA. - CORRECT ANSWER 30% You've been asked to classify several businesses as eithe...

ESB Practice Exam 1 UPDATED Exam Questions and CORRECT Answers A law was passed increasing the minimum wage by 30%. The owner of a small landscaping business must now pay all of her laborers 30% higher wages. What is the minimum amount the owner must now charge customers for labor to balance her increased operational expenses? Note: Disregard associated increases in taxes, such as FICA. - CORRECT ANSWER 30% You've been asked to classify several businesses as either B2B o...

Gmetrix ESB Practice Exam 1 UPDATED ACTUAL Exam Questions and CORRECT Answers What is Entrepreneurship? - CORRECT ANSWER make a profit B2B or B2C - CORRECT ANSWER - Setting up a business with the aim to - Wholesale flooring distributer- B2B Purchases requiring a tax exemption certificate- B2B Chain of local grocery stores- B2C Motorcycle repair shop- B2C You would like some benefits enjoyed by large corporations, but do not want to be taxed twice. You have four partn...

ESB Domain 1 Review UPDATED ACTUAL Exam Questions and CORRECT Answers Partners - CORRECT ANSWER of the business Franchise - CORRECT ANSWER an existing business chain Stakeholder - CORRECT ANSWER Prototype - CORRECT ANSWER - members of a company who share the risks and profits - A business that takes its name and characteristics from - An individual with an interest in a business - A preliminary product, commonly a product with minimum viability, from which to test ...

ESB Domain 1 Review UPDATED Exam Questions and CORRECT Answers Partners - CORRECT ANSWER of the business Franchise - CORRECT ANSWER an existing business chain Stakeholder - CORRECT ANSWER Prototype - CORRECT ANSWER - members of a company who share the risks and profits - A business that takes its name and characteristics from - An individual with an interest in a business - A preliminary product, commonly a product with minimum viability, from which to test and dev...

ESB v.2 Domain 1 Entrepreneurship & Small Business Concepts UPDATED ACTUAL Exam Questions and CORRECT Answers B2B - CORRECT ANSWER between businesses B2C - CORRECT ANSWER - A business-to-business (B2B) commercial transaction - A business-to-consumer (B2C) transaction Brand recognition - CORRECT ANSWER Business Opportunity - CORRECT ANSWER - The level of familiarity one has with a brand - A situation an entrepreneur analyzes and evaluates to see if starting a sustain...

E.S.B. gmetrix certification UPDATED ACTUAL Exam Questions and CORRECT 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? - CORRECT ANSWER - Purchase an existing business Besides defining strengths and weaknesses, what is the other main factor determined during a self-assessment? - CORRECT ANSWER - Risk tolerance Todd wants to open a golf shop. Todd ...

ESB EXAM B,UNDLE 2023 WITH COMPLETE SOLUTIONS.

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 characteristics of entrepreneurs? - 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? - Buy an existing business ...

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