Exam (elaborations)
esb practice Questions and Answers 100% Correct | Updated 2024
- Course
- Institution
esb practice Questions and Answers 100% Correct | Updated 2024
[Show more]
Seller
Follow
StudySet
Reviews received
Content preview
esb practice Questions and Answers 100%Correct | Updated 2024
Which elements comprise your marketing? - ANSWER Product, place,
promotion
What are the Characteristics of an entrepreneurial mindset? - ANSWER
Creativity, adaptability, determination, and empathy
You decide to create a candy bar. You take samples to a focus group to get
feedback. Which
stage of the development process are you in? - ANSWER product development
Based on the following which items are true for the product/market - ANSWER
Repeated use of a product is an indicator of product market fit
Product/ market fit occurs when you build something that people want
You open a business and decide to sell shirts. Choose 2 factors in deciding if your
business idea is
a good one. - ANSWER High demand for product
Short term profitability
List the steps of the design thinking process in order. - ANSWER Emphasize
Define
Ideate
Prototype
, Test
Calculate the Return on investment (ROI)
a. Sales Price: $180
b. Cost of Necklace $134.50 - ANSWER 45.50/ 134.50 x 100 = 34%
Choose 3 steps that are part of the sales process. - ANSWER prospect, close
the deal, present the pitch
Choose 2 reasons why a small company would choose a fulfillment center to
distribute their
product. - ANSWER To have better control of product inventory
To ship goods to customers at a lower cost
What is the primary difference between wholesale and retail sales channels? -
ANSWER Wholesale is business to business while retail is business to consumer
You decide that your fitness equipment company needs a better social media
presence, choose
3 marketing methods to use - ANSWER Create an online community for
customers
Use brand influencers
Create company profiles on relevant online platforms
Based on the balance sheet numbers provided, what is your equity
a.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller StudySet. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $11.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
75323 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now