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ESB Certification Study Guide With Complete Solutions 2024
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ESB Certification Study Guide With Complete Solutions 2024
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ESB Certification Study Guide WithComplete Solutions 2024
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
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