Esb v2 domain - Study guides, Class notes & Summaries

ESB v2 Domain 4 exam questions and answers 2024.

Balance Sheet A document that compares assets to liabilities plus owner's equity. Income Statement A financial statement that details a business's revenue and expenses for a given period. Break-Even Point The point where a business's revenue matches its expenses over a given period. Profit Margin The net profit the company wants to make from the sale and is usually represented using a percentage. Selling Price Formula [(cost) * (desired profit margin)] + (cost) B...

Product/Market Fit The stage where a business's sales are high and continue to grow because their product or service is something customers want and continue to purchase. MVP Minimum Viable Product is a prototype used to test ease-of-use and functionality to help determine the user's experience and ultimately improve the user's experience with the product. Steps of Product/Market Fit 1. Launch 2. Traction 3. Prototype 4. Growth 5. Monetization 6. Idea Value Hypothesis ...

ESB V2 Domain exam with 100% correct answers

ESB V2 Domain 3 exam questions and answers

ESB V2 Domain exam with 100% correct answers.

ESB V2 Domain 2 Lesson 1 questions and answers.

Target Market Identifies the customer group to which a company markets its products and services. Value Proposition Statement that explains why a customer should do business with a company. Primary Data A more accurate and reliable source of customer wants: first-hand accounts, interviews and surveys. Secondary Data Less reliable information on customer needs because it contains personal bias, articles and academic journals. Direct competitor Business that sells ...

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ESB V2 Domain 2 Lesson 1 (ANSWERS) 2024 - DISTINCTION GUARANTEED / Complete Verified Latest Version