Exam (elaborations)
ESB V2 Certification Exam Solved 2023
- Course
- Institution
ESB V2 Certification Exam Solved 2023
[Show more]
Seller
Follow
satamu
Reviews received
Content preview
ESB V2 Certification Exam Solved 2023QualityAnswer - _______ is measured by how well the product or service
successfully serves its users' purpose.
E-commerce sales and door-to-door salesAnswer - What are two examples of direct
distribution channels?
MiddlemenAnswer - Indirect distribution channels use _______ to sell their products
to the end customers.
IdeaAnswer - The first stage of the product/market fit is the ________ stage.
prototypeAnswer - The second stage of the product/market fit is the ________ stage.
launchAnswer - The third stage of the product/market fit is the ________ stage.
tractionAnswer - The fourth stage of the product/market fit is the ________ stage.
monetizationAnswer - The fifth stage of the product/market fit is the ________ stage.
growthAnswer - The sixth and final stage of the product/market fit is the ________
stage.
Set quality standardsAnswer - The first step of creating a quality control process is to
_____________.
Establish the method of testing product qualityAnswer - The second step of creating
a quality control process is to _____________.
Review the internal quality testing resultsAnswer - The third step of creating a quality
control process is to _____________.
Refine and improve quality methods and measures as needed.Answer - The fourth
step of creating a quality control process is to _____________.
EmployeeAnswer - Sarah is a(n) ________ because she performs tasks while
abiding by company policies and receives a wage for her work.
SuccessAnswer - Sharon is in the ________ stage because she is earning more
money, and the company's finances are doing well. Because she is not yet preparing
to finance future growth, she is not yet in the take-off stage.
Trade secretAnswer - Knowing a process has been tested and works well is valuable
to companies as they can assume it would work just as successfully for their
company. As a result, companies may want to use __________ materials.
Business planAnswer - A written document that details how a business will be
structured, managed, run, and grown.
Pitch deckAnswer - A brief overview of a business plan, the products and services
that will be provided, the funding needed, and financial projections.
, ESB V2 Certification Exam Solved 2023
Lean canvasAnswer - Covers problems and solutions, value propositions, marketing
channels, key metrics, costs, and revenue without all of the business plan details.
Critical thinkingAnswer - ___________ involves solving problems in the best way by
considering various potential solutions to the problem.
Creativity and innovationAnswer - _________________ bring new and
unconventional ideas to the table and finding creative and new solutions to the way
things are done.
CollaborationAnswer - ______________ is working with others toward a common
goal.
Problem solvingAnswer - ______________ is coming up with solutions to solve a
problem.
Personal agencyAnswer - _____________ is working towards achieving a goal
without someone directing and ensuring it is being done.
Ethical practicesAnswer - ______________ involve decision-making based on
morals and doing the right thing.
Social responsibilitiesAnswer - _____________ involve preventing and removing any
corruption and unethical behavior that could harm a business, the community, or the
environment.
They must obtain ownership of the patentAnswer - What must happen before one
can use someone else's patent?
Newspaper marketingAnswer - With ________, it is easy to target a specific
geographic location.
(cost * desired profit margin) + costAnswer - What is the formula for selling price?
(Marketing expenses + Sales expenses)/ number of new customers in the
periodAnswer - What is the formula for calculating Customer Acquisition Cost
(CAC)?
[(Ending number of customers in a period - new customers gained in a
period)/Starting number of customers in a period] * 100Answer - What is the formula
for calculating Customer Retention Rate (CRR)?
EquityAnswer - ___________ is the owner's remaining value after all liabilities have
been deducted.
Assets - LiabilitiesAnswer - What is the formula for calculating equity?
Liabilities + EquityAnswer - What is the formula for calculating assets?
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 satamu. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $10.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
77254 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now