Popular courses 'ESB V2 Certification' at ESB V2 Certification
ESB V2 Certification Study guides, Class notes & Summaries
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ESB V2 CERTIFICATION QUESTIONS AND ANSWERS
- Exam (elaborations) • 1 pages • 2024
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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. 
 
prototype - Answer-The second stage of the product/market fit is the ________ stage. ...
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ESB Certification exam with 100% correct answers
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Acquisition Costs 
Cost incurred by a business. 
 
 
 
Angel Investor 
An investor who provides funding to a business for a stake in the business in return. 
 
 
 
Asset 
A tangible item a business owns. 
 
 
 
B2B 
A business-to-business (B2B) commercial transaction between businesses. 
 
 
 
B2C 
A business-to-consumer (B2C) transaction. 
 
 
 
Balance Sheet 
A document that compares assets to liabilities plus owner's equity. 
 
 
 
Bootstrapping 
A business owner that uses their own money to...
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Entrepreneurship & Small Business V2 Exam Domain 4 with 100% correct answers
- Exam (elaborations) • 8 pages • 2024
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What is the formula for determining income tax expense? 
Income tax expense= 
Gross profit x Tax rate 
 
 
 
What is the formula for determining a break-even point? 
Break-even point= 
Total cost/ Product or service sales price 
 
 
 
What is the formula for determining burn rate? 
Burn rate= 
Monthly starting balance - Monthly ending balance 
 
 
 
What is the formula for determining net profit? 
Net profit= 
Value of investment - Cost of investment 
 
 
 
What is the formula for determining a ...
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G-Metrix ESB v.2 - Practice Exam 1 with 100% correct answers
- Exam (elaborations) • 22 pages • 2024
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What is Entrepreneurship? 
Setting up a business with the aim to make a profit. 
 
 
 
clarify several businesses as either B2B or B2C 
B2B: 
•Wholesale flooring distributor 
•Purchases requiring a tax exemption certificate 
B2C: 
•Motorcycle repair shop 
•Chain of local grocery stores 
 
 
 
You create a legal structure for your small business. Do you would like some of the benefits of enjoyed by large corporations, but do not want to be taxed twice. You have four partners who will be s...
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Gmetrix ESB Practice Exam 1 with complete verified solutions
- Exam (elaborations) • 13 pages • 2024
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What is Entrepreneurship? 
Setting up a business with the aim to make a profit 
 
 
 
B2B or B2C 
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 partners that would be shareholders. None of you plan to sell your ownership to the public, but do want to be protected by business...
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ESB V2 - Domain 3 Production and Distribution exam questions and answers.
- Exam (elaborations) • 11 pages • 2024
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Market/Fit Hypothesis 
Exists when you have the right solution to a problem worth solving. 
Exists when people need your product rather than just seeing a potential benefit of using it. 
Exists when users love your product so much they tell other people to use it. 
 
 
Onscreen Pop-Up Quizzes 
Conducting these during the course would be an effective way to measure your teaching performance 
 
 
Growth hypothesis 
Startups should determine and test their value hypothesis before they move on to th...
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ESB V2 Certification with 100% correct answers
- Exam (elaborations) • 18 pages • 2024
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_______ 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 o...
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Business notes: ESB V2 Training 1 with 100% correct answers
- Exam (elaborations) • 21 pages • 2024
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ich two docs. summarize the business plan of a company? 
lean and pitch canvas 
 
 
 
Two disadvantages of entrepreneurship? 
Not having a promised pay check and not having enough to pay employees 
 
 
 
Two benefits of entrepreneurship? 
working with like minded people, and setting your own work hours 
 
 
 
network marketer make their money through_____ 
commissions 
 
 
 
you own a lawn care business. your employees work long hours laboring, often exceed 40 hours per week, work short hours on...
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G-Metrix Entrepreneurship & Small Business v.2 - U.S Practice Exam 1 with 100% correct answers
- Exam (elaborations) • 22 pages • 2024
- Available in package deal
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- $13.99
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What is Entrepreneurship? 
Setting up a business with the aim to make a profit. 
 
 
 
clarify several businesses as either B2B or B2C 
B2B: 
•Wholesale flooring distributor 
•Purchases requiring a tax exemption certificate 
B2C: 
•Motorcycle repair shop 
•Chain of local grocery stores 
 
 
 
You create a legal structure for your small business. Do you would like some of the benefits of enjoyed by large corporations, but do not want to be taxed twice. You have four partners who will be s...
-
ESB V2 - Domain 3 Production and Distribution with complete solutions.
- Exam (elaborations) • 11 pages • 2024
- Available in package deal
-
- $14.99
- + learn more
Market/Fit Hypothesis 
Exists when users love your product so much they tell other people to use it. It exisits when people need your product rather than just seeing a potential benefit of using it. Exists when you have the right solution to a problem worth solving. 
 
 
Growth hypothesis 
Startups should determine and test their value hypothesis before they move on to their 
 
 
Value to the market 
Hypothesizing how to handle growth is 
meaningless if the product doesn't first have this 
 
 
...
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