ESB V2 Certification Questions with Correct
Answers 100% Verified
_______ is measured by how well the product or service successfully serves its users' purpose. - Correct
Answer Quality
What are two examples of direct distribution channels? - Correct Answer E-commerce sales and door-to-
door sales
Indirect distribution channels use _______ to sell their products to the end customers. - Correct Answer
Middlemen
The first stage of the product/market fit is the ________ stage. - Correct Answer Idea
The second stage of the product/market fit is the ________ stage. - Correct Answer prototype
The third stage of the product/market fit is the ________ stage. - Correct Answer launch
The fourth stage of the product/market fit is the ________ stage. - Correct Answer traction
The fifth stage of the product/market fit is the ________ stage. - Correct Answer monetization
The sixth and final stage of the product/market fit is the ________ stage. - Correct Answer growth
The first step of creating a quality control process is to _____________. - Correct Answer Set quality
standards
The second step of creating a quality control process is to _____________. - Correct Answer Establish
the method of testing product quality
The third step of creating a quality control process is to _____________. - Correct Answer Review the
internal quality testing results
, The fourth step of creating a quality control process is to _____________. - Correct Answer 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. - Correct Answer 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.
- Correct Answer 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. - Correct Answer Trade secret
A written document that details how a business will be structured, managed, run, and grown. - Correct
Answer Business plan
A brief overview of a business plan, the products and services that will be provided, the funding needed,
and financial projections. - Correct Answer Pitch deck
Covers problems and solutions, value propositions, marketing channels, key metrics, costs, and revenue
without all of the business plan details. - Correct Answer Lean canvas
___________ involves solving problems in the best way by considering various potential solutions to the
problem. - Correct Answer Critical thinking
_________________ bring new and unconventional ideas to the table and finding creative and new
solutions to the way things are done. - Correct Answer Creativity and innovation
______________ is working with others toward a common goal. - Correct Answer Collaboration
______________ is coming up with solutions to solve a problem. - Correct Answer Problem solving
Answers 100% Verified
_______ is measured by how well the product or service successfully serves its users' purpose. - Correct
Answer Quality
What are two examples of direct distribution channels? - Correct Answer E-commerce sales and door-to-
door sales
Indirect distribution channels use _______ to sell their products to the end customers. - Correct Answer
Middlemen
The first stage of the product/market fit is the ________ stage. - Correct Answer Idea
The second stage of the product/market fit is the ________ stage. - Correct Answer prototype
The third stage of the product/market fit is the ________ stage. - Correct Answer launch
The fourth stage of the product/market fit is the ________ stage. - Correct Answer traction
The fifth stage of the product/market fit is the ________ stage. - Correct Answer monetization
The sixth and final stage of the product/market fit is the ________ stage. - Correct Answer growth
The first step of creating a quality control process is to _____________. - Correct Answer Set quality
standards
The second step of creating a quality control process is to _____________. - Correct Answer Establish
the method of testing product quality
The third step of creating a quality control process is to _____________. - Correct Answer Review the
internal quality testing results
, The fourth step of creating a quality control process is to _____________. - Correct Answer 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. - Correct Answer 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.
- Correct Answer 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. - Correct Answer Trade secret
A written document that details how a business will be structured, managed, run, and grown. - Correct
Answer Business plan
A brief overview of a business plan, the products and services that will be provided, the funding needed,
and financial projections. - Correct Answer Pitch deck
Covers problems and solutions, value propositions, marketing channels, key metrics, costs, and revenue
without all of the business plan details. - Correct Answer Lean canvas
___________ involves solving problems in the best way by considering various potential solutions to the
problem. - Correct Answer Critical thinking
_________________ bring new and unconventional ideas to the table and finding creative and new
solutions to the way things are done. - Correct Answer Creativity and innovation
______________ is working with others toward a common goal. - Correct Answer Collaboration
______________ is coming up with solutions to solve a problem. - Correct Answer Problem solving
