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ESB Advanced Study Guide Question and answers rated A+ 2024
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ESB Advanced Study Guide Question and answers rated A+ 2024 How do you achieve optimal product/market fit? by testing your MVP and identifying underserved customer needs What helps you determine if a business is viable? Financing requirements, market size, revenue and costs What i...

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  • August 23, 2024
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  • 2024/2025
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ESB Advanced Study Guide
How do you achieve optimal product/market fit?
by testing your MVP and identifying underserved customer needs




What helps you determine if a business is viable?
Financing requirements, market size, revenue and costs




What is the SWOT analysis?
strengths, weaknesses, opportunities, threats




What identifies internal factors that impact your business?
Strengths and Weaknesses




What is value engineering?
Finding a less costly method that DOES NOT change the purpose of the
product or add features and functions to the product. It ENCOURAGES the
use of cost-friendly materials.

, What is a CEO, CFO, CIO, COO, and Founder?
Chief Executive Officer, Chief Financial Officer, Chief Information Officer,
Chief Operating Officer, and the original creator of the business




What are two facts about obtaining funding?
Business longevity INCREASES potential funding opportunities, and an
owners personal credit score DOES affect their ability to qualify for loans




What are the requirements for obtaining funding?
Identify the purpose of the loan, and the business longevity




What are two examples of customer retention cost?
Affiliate and Training Programs




What are two examples of customer acquisition costs?
SEO Marketing and Engagement Programs

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