ESB certification study guide rated A+ 2023 updated
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ESB
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ESB
ESB certification study guide rated A+ 2023 updatedWhat is entrepreneurship? - correct answer Setting up a business with the aim to make a profit.
A________employee received a set of amount of pay each month without overtime compensation for extra hours worked. - correct answer Salary
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esb certification study guide rated a 2023 updated
what is entrepreneurship setting up a business with the aim to make a profit
aemployee received a set of amount of pay each month without
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ESB certification study guide rated A+
2023 updated
What is entrepreneurship? - correct answer Setting up a business with the aim to make a profit.
A________employee received a set of amount of pay each month without overtime compensation for
extra hours worked. - correct answer Salary
An example of_______compensation is paying field laborers for the amount of fruit they pick. - correct
answer Piece work
Employees most affected by minimum wage laws are compensated ________. - correct answer Hourly
Life cycle stage 1 - correct answer Existence
Life cycle stage 2 - correct answer Survival
Life cycle stage 3 - correct answer Success
Life cycle stage 4 - correct answer Take off
Life cycle stage 5 - correct answer Maturity
An employee who is paid a percentage of a sale is paid by________. - correct answer Commission
Acquire an emphatic understanding of the problem you're trying to solve, typically through user
research. - correct answer Empathize
, Element of Design Thinking Process: State your users' needs and problems - correct answer Define
Which is one of the greatest benefits of being an entrepreneur? - correct answer Schedule control
Successful Entrepreneurs have mindset that typically possess which 3 characteristics? - correct answer
Responsible, Adaptable, Tenacious
Which two documents summarize the business plan of a company? - correct answer Lean Canvas and
Pitch Deck
A single page business summary template - correct answer Lean Canvas
A slide presentation for potential investors that summarize key items of a business - correct answer Pitch
Deck
Which three characteristics help identify a business opportunity? - correct answer Service, Price,
Quantity
A multi-page document describing and detailing a business - correct answer Business Plan
What is a target market? - correct answer Costumers to whom a company wants to sell its products and
services
A summary of business assets (What a business owns) and liabilities (what the business owes). It also
shows 'owners equity'. - correct answer Balance sheet
An operational document that outlines a company's advertising strategy to generate leads and reach its
target market. - correct answer Marketing plan
Primary data is information collected through original or first hand research (true/false) - correct answer
True
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