ESB VOCABULARY
ESB VOCABULARY
Hier vind je de beste samenvattingen om te slagen voor ESB VOCABULARY. Er zijn o.a. samenvattingen, aantekeningen en oefenvragen beschikbaar.
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ESB Domain 1 Review Latest 2023 Rated A+
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---6november 20232023/2024A+
- Partners members of a company who share the risks and profits of the business 
Franchise A business that takes its name and characteristics from an existing business chain 
Stakeholder An individual with an interest in a business 
Prototype A preliminary product, commonly a product with minimum viability, from which 
to test and develop 
Service an intangivle service or skill that is performed 
Equity Non-cash compensations offered to employees in place of or in addition to a lower 
salary 
Stoc...
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ESB EXAM Study Guide Latest 2023 Already Passed
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---29november 20232023/2024A+
- 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 characteristics of entrepreneurs? Creativity, Determination, Enthusiasm 
After a self-assessment, a 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? Buy an existing business that is already ...
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$13.89 Meer Info
dennisgathiru
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Tentamen (uitwerkingen)
ESB EXAM Study Guide Latest 2023 Already Passed
-
---29november 20232023/2024A+
- 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 characteristics of entrepreneurs? Creativity, Determination, Enthusiasm 
After a self-assessment, a 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? Buy an existing business that is already ...
-
$13.89 Meer Info
dennisgathiru
-
Tentamen (uitwerkingen)
ESB Questions and Answers with Verified Solutions
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---32november 20232023/2024A+
- Online Networking Each day, Donnie posts the progress of her new building to Facebook as 
a countdown to opening her business. What type of networking is Donnie using? 
Increase of service Ophelia discovers her competitor's turnaround time is double her 
turnaround time. What should Ophelia's new marketing strategy be to woo back her customers? 
Which three things are defined when doing a self-assessment? Risk tolerance, strengths, and 
weaknesses 
Which description best fits an entrepreneur? ...
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dennisgathiru
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Tentamen (uitwerkingen)
ESB v.2 Domain 1 Entrepreneurship & Small Business Concepts 100% Pass
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---9november 20232023/2024A+
- B2B A business-to-business (B2B) commercial transaction between businesses 
B2C A business-to-consumer (B2C) transaction 
Brand recognition The level of familiarity one has with a brand 
Business Opportunity A situation an entrepreneur analyzes and evaluates to see if starting a 
sustainable, profitable business is feasible 
Business Plan A document that addresses the concept, customers, and capital for a business 
C Corporation A C corporation is a legal structure for a corporation in which the...
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dennisgathiru
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Tentamen (uitwerkingen)
ESB V2 Certification Questions and Answers Already Passed
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---11november 20232023/2024A+
- _______ is measured by how well the product or service successfully serves its users' purpose. 
Quality 
What are two examples of direct distribution channels? E-commerce sales and door-to-door 
sales 
Indirect distribution channels use _______ to sell their products to the end customers. 
Middlemen 
The first stage of the product/market fit is the ________ stage. Idea 
The second stage of the product/market fit is the ________ stage. prototype 
The third stage of the product/market fit is the ...
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Tentamen (uitwerkingen)
ESB Vocabulary 100% Correct
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---7november 20232023/2024A+
- Break Even Point the point at which the costs of producing a product equal the revenue made 
from selling the product 
Break Even Formula Break Even Point = Fixed Costs/Selling Price-Variable Cost 
Driving Sales a special effort to sell more of a product or service, for example by increasing 
advertising 
Inventory Loan a secured short-term loan to purchase inventory 
Operating Loan A loan that is intended for short-term financing. This type of loan is often 
used for cash flow support or to cov...
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dennisgathiru
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Tentamen (uitwerkingen)
ESL TEXES Supplemental Latest 2023 Already Passed
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---42november 20232023/2024A+
- Acculturation The process of adapting to a new culture. 
The process of acculturation occurs through several strategies including the following: 
assimilation & marginalization 
Assimilation The members of a group are absorbed into a culture and lose characteristics of 
the first culture. The group is willing or forced to accept the surface and deep culture of the new 
culture and give up original culture. 
Marginalization Groups lacking desirable traits are excluded from society. These groups 
...
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