Exam (elaborations)
ESB EXAM 2 STUDY GUIDE Questions and Answers 100% Correct | Latest 2024
- Course
- Institution
ESB EXAM 2 STUDY GUIDE Questions and Answers 100% Correct | Latest 2024
[Show more]
Seller
Follow
StudySet
Reviews received
Content preview
ESB EXAM 2 STUDY GUIDE Questions andAnswers 100% Correct | Latest 2024
Economy Pricing - ANSWER Prices that targeting customers looking to save as
much money as possible.
What business scenario fits the definition of a small business, according to the
SBA? - ANSWER A fast food restaurant that is independently owned and
operated
You need to create a legal structure for you small business. You have plans for it to
grow and hope in the future to sell shares to the public. Your startup partners are
citizens of Mexico and Japan. You do not want to be personally responsible for
business liabilities.
Which legal structure should you set up for your business? - ANSWER C-Corp
The highest-ranking employee in the company;reports to the board of directors -
ANSWER CEO
Creates budgets, analyzes financial data, and forecasts company profits -
ANSWER CFO
Manages the technological requirements of a company. - ANSWER CTO
Oversees the day-to-day administrative functions of a business; second in
command. - ANSWER COO
, A computer training business needs to hire a consultant for a project to revamp
the training courseware. Once the courseware is revamped, the consultant's
services are complete. Which business compensation structure will pay the
consultant and lead to the smallest payroll tax liability for the business? -
ANSWER Contract
Pivot - ANSWER Change part of a business model.
Persevere - ANSWER Make attempts to scale a business
Exit strategy - ANSWER Turn a business over to a family member
Which of these characteristics of a successful entrepreneur mindset? (Choose
two) - ANSWER Can tolerate risk and Resilient
You are weighing possible risk in becoming an entrepreneur. Which situation is a
risk of being an entrepreneur? - ANSWER Financial instability
What is a primary benefit of starting a new business without purchasing a
franchise or buying an existing business? - ANSWER Developing your own
rules.
A______is a multi-page document describing and detailing a business. -
ANSWER Business plan
A slide presentation for potential investors that summarizes the kay items of a
business is called a_____. - ANSWER Pitch Deck
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 $11.99. 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