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ESB FINAL EXAM STUDY GUIDE LATEST UPDATE 2024 WITH CORRECT AND WELL RESEARCHED ANSWERS/ ALREADY PASSED Flexibility Ability to adapt, willingness to change Courage Takes risks in spite of possible losses

The owner of a mobile food truck plans to sell tacos , hamburgers, and other foods to employees in a large office complex . Before opening his business , the owner will most likely need to obtain which of the following documents from each employee to verify they have completed a course in food handling safety? correct answers certificate The owner of a pet supply store wants to expand her business and by boarding animals. She has designed plans to add a 30^ prime *60^ prime kennel onto the ba...

Research Process correct answers Question, design, findings, publishing True Experiment correct answers designs in which the researcher manipulates ALL independent variables; total control over who's in what group Quasi Experimental Design correct answers designs in which random assignments cannot be used Quasi Independent Variables correct answers variables treated as if they were independent variables in the experimental design even though the researchers did not manipulate them S...

Ophelia runs a local seamstress business. Ophelia is losing customers to a competing business. Upon sending an employee over to check out the competition, Ophelia discovers the competitor's turnaround time is double her turnaround time. What should Ophelia's new marketing strategy be to woo back her customers? correct answers service Gabe has worked as a 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...

ESB V.2 EXAM 2 Questions And Revised Correct Answers 1. In general, which two characteristics define a "small" business? (Choose two) - ANSWER : Fewer then 1,500 employees AND Less than $35.5 million revenue 2. Classify each of the following businesses as either Physical or Digital. - ANSWER : 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 ...

ESB V2 Certification Test Questions And Revised Correct Answers Quality - ANSWER : _______ is measured by how well the product or service successfully serves its users' purpose. E-commerce sales and door-to-door sales - ANSWER : What are two examples of direct distribution channels? Middlemen - ANSWER : Indirect distribution channels use _______ to sell their products to the end customers. Idea - ANSWER : The first stage of the product/market fit is the ________ stage. prototyp...

ESB EXAM Study Guide Questions And Revised Correct Answers Flexibility - ANSWER : Ability to adapt, willingness to change Courage - ANSWER : Takes risks in spite of possible losses Empathy - ANSWER : Sensitive to thoughts and feelings of others 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 appr...

ESB certification vocabulary(Vocab for certification test)2023 Break Even Formula To calculate the break-even point in units use the formula: Break-Even point (units) = Fixed Costs ÷ (Sales price per unit - Variable costs per unit) or in sales dollars using the formula: Break-Even point (sales dollars) = Fixed Costs ÷ Contribution Margin. Driving Sales the largest automotive marketing resource and car dealer social network, providing industry best practices and more Inventory Loan The ...

ESB Certification Exam Study Guide (Answered) Complete Verified Solution Domain 1 Lesson 1 The key objective of a small business owner is to generate ____ profits Entrepreneurs are willing to take on new opportunities and unknown ____ to grow their businesses rapidly risks Tangible items that require pick-up or delivery are ____ products physical When a ____ purchases an item from a business, it is a business-to-consumer transaction customer ____ are for-profit corporations with limi...

ESB v.2 Domain 1 Entrepreneurship & Small Business Concepts B2B A business-to-business (B2B) commercial transaction between businesses B2C A business-to-consumer (B2C) transaction Brand recognition The level of familiarity one has with a brand Business Opportunity A situation an entrepreneur analyzes and evaluates to see if starting a sustainable, profitable business is feasible Business Plan A document that addresses the concept, customers, and capital for a business C Corporation ...