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ESB V.2 EXAM 2 QUESTIONS AND ANSWERS TOP GRADED 2024
In general, which two characteristics define a "small" business? (Choose two) - Fewer then 1,500 employees 
 
AND 
 
Less than $35.5 million revenue 
 
Classify each of the following businesses as either Physical or Digital. - Physical: 
- Bakery in your community 
- Hair salon that makes appointments online 
 
Digital: 
- Online store that dropships camping gear 
 - Bookstore on Amazon that sells eBooks 
 
You need to create a legal structure for your small business. You have plans for it ...
- Exam (elaborations)
- • 8 pages •
In general, which two characteristics define a "small" business? (Choose two) - Fewer then 1,500 employees 
 
AND 
 
Less than $35.5 million revenue 
 
Classify each of the following businesses as either Physical or Digital. - Physical: 
- Bakery in your community 
- Hair salon that makes appointments online 
 
Digital: 
- Online store that dropships camping gear 
 - Bookstore on Amazon that sells eBooks 
 
You need to create a legal structure for your small business. You have plans for it ...
ESB Certification Test Questions and Answers 2024
Entrepreneurship - Setting up business with the aim to make profit. 
 
B2B (business-to-business) - Sells products and services directly to other businesses. Normally requires a sales tax exemption certificate from the buyer. 
 
B2C (business-to-consumer) - Sells products and services directly to customer for personal use. 
 
Small buisness - A small business is when a business has less than 35.5 million dollars in revenue, and fewer than 1,500 employees. 
 
S corporation(Small businesses) - is ...
- Exam (elaborations)
- • 6 pages •
Entrepreneurship - Setting up business with the aim to make profit. 
 
B2B (business-to-business) - Sells products and services directly to other businesses. Normally requires a sales tax exemption certificate from the buyer. 
 
B2C (business-to-consumer) - Sells products and services directly to customer for personal use. 
 
Small buisness - A small business is when a business has less than 35.5 million dollars in revenue, and fewer than 1,500 employees. 
 
S corporation(Small businesses) - is ...
ESB Certification Exam Review 2024 Questions and Answers Graded A
James owns a restaurant with beginning cash balance of $5,000, $30,000 in sales, $2,000 in utilities, $6,000 in loans and $4,000 in marketing. What is James ending cash balance? - $24,800 
 
Shelly owns a car dealership. She just received a shipment of teslas and paid $70,000 for each one and wants to make 25%. What should her selling price be? - $87,500 
 
TRUE OR FALSE: Mortgage Payments are Long Term Liabilities - True 
 
Equipment is considered ... - a long term asset 
 
ROI is calculated by...
- Exam (elaborations)
- • 4 pages •
James owns a restaurant with beginning cash balance of $5,000, $30,000 in sales, $2,000 in utilities, $6,000 in loans and $4,000 in marketing. What is James ending cash balance? - $24,800 
 
Shelly owns a car dealership. She just received a shipment of teslas and paid $70,000 for each one and wants to make 25%. What should her selling price be? - $87,500 
 
TRUE OR FALSE: Mortgage Payments are Long Term Liabilities - True 
 
Equipment is considered ... - a long term asset 
 
ROI is calculated by...
ESB Certification Exam Study Guide Questions and Answers Graded A 2024
Domain 1 Lesson 1 - 
 
The key objective of a small business owner is to generate ____ - profits 
 
Entrepreneurs are willing to take on new opportunities and unknown ____ to grow their businesses rapidly - risks 
 
Tangible items that require pick-up or delivery are ____ products - physical 
 
When a ____ purchases an item from a business, it is a business-to-consumer transaction - customer 
 
____ are for-profit corporations with limited liability - S corporations 
 
____ are ideal for intern...
- Exam (elaborations)
- • 14 pages •
Domain 1 Lesson 1 - 
 
The key objective of a small business owner is to generate ____ - profits 
 
Entrepreneurs are willing to take on new opportunities and unknown ____ to grow their businesses rapidly - risks 
 
Tangible items that require pick-up or delivery are ____ products - physical 
 
When a ____ purchases an item from a business, it is a business-to-consumer transaction - customer 
 
____ are for-profit corporations with limited liability - S corporations 
 
____ are ideal for intern...
Training Business Notes. (ESB TEST B) 2024
Mike owns a doggy day care. The business is economically healthy and wants to grow the business money wise. What business life cycle stage is he in. - Take off. 
 
What is the difference between small businesses and entrepreneurship? - Small business owner aren't always interested in taking on new business opportunities. 
 
What is the greatest risk to being an entrepreneur? - Financial instability. 
 
Trademark - Protects brand names and logos used on goods and services. 
 
Copyright - Protect...
- Exam (elaborations)
- • 5 pages •
Mike owns a doggy day care. The business is economically healthy and wants to grow the business money wise. What business life cycle stage is he in. - Take off. 
 
What is the difference between small businesses and entrepreneurship? - Small business owner aren't always interested in taking on new business opportunities. 
 
What is the greatest risk to being an entrepreneur? - Financial instability. 
 
Trademark - Protects brand names and logos used on goods and services. 
 
Copyright - Protect...
Package Deal For ISTM 210- Exam (Phinney) Questions and Answers Graded A 2024-2025 BUNDLED !
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AAOS EMT EXAM 1 STUDY QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS GRADED A 2024
acute stress reactions - Reaction to stress that occurs during a stressful situation. 
 
airborne transmission - The spread of an organism in aerosol form. 
 
bloodborne pathogens - Pathogenic microorganisms that are present in human blood and can cause disease in humans. These pathogens include, but are not limited to, hepatitis B virus and human immunodeficiency virus (HIV). 
 
Centers for Disease Control and Prevention (CDC) - The primary federal agency that conducts and supports public healt...
- Exam (elaborations)
- • 14 pages •
acute stress reactions - Reaction to stress that occurs during a stressful situation. 
 
airborne transmission - The spread of an organism in aerosol form. 
 
bloodborne pathogens - Pathogenic microorganisms that are present in human blood and can cause disease in humans. These pathogens include, but are not limited to, hepatitis B virus and human immunodeficiency virus (HIV). 
 
Centers for Disease Control and Prevention (CDC) - The primary federal agency that conducts and supports public healt...
ESB EXAM Study Guide 2024 Top Rated Questions and Answers Graded A
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 ...
- Exam (elaborations)
- • 13 pages •
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 ...
ESB V2 Certification Exam Questions and Answers Graded A 2024
Quality - _______ is measured by how well the product or service successfully serves its users' purpose. 
 
E-commerce sales and door-to-door sales - What are two examples of direct distribution channels? 
 
Middlemen - Indirect distribution channels use _______ to sell their products to the end customers. 
 
Idea - The first stage of the product/market fit is the ________ stage. 
 
prototype - The second stage of the product/market fit is the ________ stage. 
 
launch - The third stage of the ...
- Exam (elaborations)
- • 5 pages •
Quality - _______ is measured by how well the product or service successfully serves its users' purpose. 
 
E-commerce sales and door-to-door sales - What are two examples of direct distribution channels? 
 
Middlemen - Indirect distribution channels use _______ to sell their products to the end customers. 
 
Idea - The first stage of the product/market fit is the ________ stage. 
 
prototype - The second stage of the product/market fit is the ________ stage. 
 
launch - The third stage of the ...
ISTM 210 - Exam 1 (Phinney) Study Questions and Answers Top Graded 2024
Who used carrier pigeons to get news and stocks from Belgium to Germany? - Reuters 
 
What was the first way the world connected? - The Telegraph 
 
The study, design, development, implementation, support, and management of computer-based information systems, particularly software and hardware - Information Technology (IT) 
 
Who is in charge of all computer assets for an organization? - Chief Information Officer (CIO) 
 
The knowledge that enables a person to understand something - Competency 
...
- Package deal
- Exam (elaborations)
- • 14 pages •
Who used carrier pigeons to get news and stocks from Belgium to Germany? - Reuters 
 
What was the first way the world connected? - The Telegraph 
 
The study, design, development, implementation, support, and management of computer-based information systems, particularly software and hardware - Information Technology (IT) 
 
Who is in charge of all computer assets for an organization? - Chief Information Officer (CIO) 
 
The knowledge that enables a person to understand something - Competency 
...
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