2/27/25, 9:23 AM ESB EXAM Study Guide 2025 Actual exam (Testing Real Exam Questions)and verified Answers ( 100% accurate) GET IT RIG…
ESB EXAM Study Guide 2025 Actual exam
(Testing Real Exam Questions)and verified
Answers ( 100% accurate) GET IT RIGHT!!
Save
Terms in this set (122)
Flexibility Ability to adapt, willingness to change
Courage Takes risks in spite of possible losses
Empathy Sensitive to thoughts and feelings of others
What are three Creativity, Determination, Enthusiasm
characteristics of
entrepreneurs?
After a self-assessment, a Buy an existing business that is already successful.
potential entrepreneur
has learned that she has
a very low risk tolerance.
Based upon this finding,
which approach might be
less stressful for the
entrepreneur to have her
own business?
https://quizlet.com/1011580283/esb-exam-study-guide-2025-actual-exam-testing-real-exam-questionsand-verified-answers-100-accurate-get-it-ri… 1/30
,2/27/25, 9:24 AM ESB EXAM Study Guide 2025 Actual exam (Testing Real Exam Questions)and verified Answers ( 100% accurate) GET IT RIG…
An entrepreneur moves Location
into a small town and
notices several stores
selling guns and
ammunition. The
entrepreneur loves to
compete in competitive
shooting events. Based
on the scenario
provided, what should be
emphasized in marketing
to attract customers?
An entrepreneur has Lower Prices
been working for a
flooring business in a
neighboring town. He
feels he is ready to open
his own flooring business
in his local community.
Which should be
emphasized in marketing
to attract customers to
his new business?
Which is one of the Being your own boss
greatest benefits of
entrepreneurship?
Which are three risks of Long hours, potential business failure, financial
entrepreneurship? insecurity
https://quizlet.com/1011580283/esb-exam-study-guide-2025-actual-exam-testing-real-exam-questionsand-verified-answers-100-accurate-get-it-ri… 2/30
, 2/27/25, 9:24 AM ESB EXAM Study Guide 2025 Actual exam (Testing Real Exam Questions)and verified Answers ( 100% accurate) GET IT RIG…
Gabe has worked as a Autonomy
journeyman electrician
for an employer for the
past 16 years. He is paid a
good salary. His only
dissatisfaction is the
hours are long and often
when he requests time
off he is denied because
of customer workload.
Which benefit of
entrepreneurship will
Gabe most enjoy?
What is a primary benefit Developing your own rules
of starting a new
business without
purchasing a franchise or
buying an existing
business?
A mechanic just Start a new business and invest $50,000 in modern
graduated from diagnostic tools.
motorcycle repair school
and wants to start a
business because there is
a lack of motorcycle
repair shops in the local
town. Given the facts
provided, which
opportunity would be the
best choice for the
motorcycle mechanic to
open a business?
https://quizlet.com/1011580283/esb-exam-study-guide-2025-actual-exam-testing-real-exam-questionsand-verified-answers-100-accurate-get-it-ri… 3/30
ESB EXAM Study Guide 2025 Actual exam
(Testing Real Exam Questions)and verified
Answers ( 100% accurate) GET IT RIGHT!!
Save
Terms in this set (122)
Flexibility Ability to adapt, willingness to change
Courage Takes risks in spite of possible losses
Empathy Sensitive to thoughts and feelings of others
What are three Creativity, Determination, Enthusiasm
characteristics of
entrepreneurs?
After a self-assessment, a Buy an existing business that is already successful.
potential entrepreneur
has learned that she has
a very low risk tolerance.
Based upon this finding,
which approach might be
less stressful for the
entrepreneur to have her
own business?
https://quizlet.com/1011580283/esb-exam-study-guide-2025-actual-exam-testing-real-exam-questionsand-verified-answers-100-accurate-get-it-ri… 1/30
,2/27/25, 9:24 AM ESB EXAM Study Guide 2025 Actual exam (Testing Real Exam Questions)and verified Answers ( 100% accurate) GET IT RIG…
An entrepreneur moves Location
into a small town and
notices several stores
selling guns and
ammunition. The
entrepreneur loves to
compete in competitive
shooting events. Based
on the scenario
provided, what should be
emphasized in marketing
to attract customers?
An entrepreneur has Lower Prices
been working for a
flooring business in a
neighboring town. He
feels he is ready to open
his own flooring business
in his local community.
Which should be
emphasized in marketing
to attract customers to
his new business?
Which is one of the Being your own boss
greatest benefits of
entrepreneurship?
Which are three risks of Long hours, potential business failure, financial
entrepreneurship? insecurity
https://quizlet.com/1011580283/esb-exam-study-guide-2025-actual-exam-testing-real-exam-questionsand-verified-answers-100-accurate-get-it-ri… 2/30
, 2/27/25, 9:24 AM ESB EXAM Study Guide 2025 Actual exam (Testing Real Exam Questions)and verified Answers ( 100% accurate) GET IT RIG…
Gabe has worked as a Autonomy
journeyman electrician
for an employer for the
past 16 years. He is paid a
good salary. His only
dissatisfaction is the
hours are long and often
when he requests time
off he is denied because
of customer workload.
Which benefit of
entrepreneurship will
Gabe most enjoy?
What is a primary benefit Developing your own rules
of starting a new
business without
purchasing a franchise or
buying an existing
business?
A mechanic just Start a new business and invest $50,000 in modern
graduated from diagnostic tools.
motorcycle repair school
and wants to start a
business because there is
a lack of motorcycle
repair shops in the local
town. Given the facts
provided, which
opportunity would be the
best choice for the
motorcycle mechanic to
open a business?
https://quizlet.com/1011580283/esb-exam-study-guide-2025-actual-exam-testing-real-exam-questionsand-verified-answers-100-accurate-get-it-ri… 3/30
