ESB V2 Certification exam with complete solution 2023 updated
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Course
Esb
Institution
Esb
ESB V2 Certification Questions With Correct Answers.
Quality - correct answer _______ is measured by how well the product or service
successfully serves its users' purpose.
E-commerce sales and door-to-door sales - correct answer What are two
examples of direct distribution channels?
Middlemen...
ESB V2 Certification exam with complete
solution 2023 updated
Quality - correct answer _______ is measured by how well the product or service
successfully serves its users' purpose.
E-commerce sales and door-to-door sales - correct answer What are two
examples of direct distribution channels?
Middlemen - correct answer Indirect distribution channels use _______ to sell
their products to the end customers.
Idea - correct answer The first stage of the product/market fit is the ________
stage.
prototype - correct answer The second stage of the product/market fit is the
________ stage.
launch - correct answer The third stage of the product/market fit is the
________ stage.
traction - correct answer The fourth stage of the product/market fit is the
________ stage.
monetization - correct answer The fifth stage of the product/market fit is the
________ stage.
growth - correct answer The sixth and final stage of the product/market fit is the
________ stage.
Set quality standards - correct answer The first step of creating a quality control
process is to _____________.
Establish the method of testing product quality - correct answer The second step
of creating a quality control process is to _____________.
Review the internal quality testing results - correct answer The third step of
creating a quality control process is to _____________.
Refine and improve quality methods and measures as needed. - correct answer
The fourth step of creating a quality control process is to _____________.
Employee - correct answer Sarah is a(n) ________ because she performs tasks
while abiding by company policies and receives a wage for her work.
Success - correct answer 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 secret - correct answer 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 plan - correct answer A written document that details how a business
will be structured, managed, run, and grown.
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, ESB V2 Certification exam with complete
solution 2023 updated
Pitch deck - correct answer A brief overview of a business plan, the products and
services that will be provided, the funding needed, and financial projections.
Lean canvas - correct answer Covers problems and solutions, value propositions,
marketing channels, key metrics, costs, and revenue without all of the business
plan details.
Critical thinking - correct answer ___________ involves solving problems in the
best way by considering various potential solutions to the problem.
Creativity and innovation - correct answer _________________ bring new and
unconventional ideas to the table and finding creative and new solutions to the
way things are done.
Collaboration - correct answer ______________ is working with others toward a
common goal.
Problem solving - correct answer ______________ is coming up with solutions to
solve a problem.
Personal agency - correct answer _____________ is working towards achieving a
goal without someone directing and ensuring it is being done.
Ethical practices - correct answer ______________ involve decision-making
based on morals and doing the right thing.
Social responsibilities - correct answer _____________ 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 patent - correct answer What must happen
before one can use someone else's patent?
Newspaper marketing - correct answer With ________, it is easy to target a
specific geographic location.
(cost * desired profit margin) + cost - correct answer What is the formula for
selling price?
(Marketing expenses + Sales expenses)/ number of new customers in the period -
correct answer 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] * 100 - correct answer What
is the formula for calculating Customer Retention Rate (CRR)?
Equity - correct answer ___________ is the owner's remaining value after all
liabilities have been deducted.
Assets - Liabilities - correct answer What is the formula for calculating equity?
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