ESB Certification Test 3

Lots of cars outside of shop. Complaint about long wait. What variable can a mechanic use to attract these customers?

Which are 3 rewards of entreprenuership?Choose 3

What chararistics would be benefical to a entreprenuer?

Business owner wants customers to buy from her even though prices are higher. What do you do to accomplish this?

Owner sells business to another business owner , pays out owner, merges businesses. The exit strategy is know as?

How would a prospective entreprenuer benifit from a personality self assessment test?

A business is structured as a C Corp. What are the tax implications for this structure?

What are two benefits of using angel investors to start a business?

Which 3 options are reasons to buy a franchise versus starting a business from scratch?

What are the two greatest risk of starting a business?

What is the primary drawback of a sole proprietorship?

What strategy would a business use to attract business away from a competing business?

Which factor will make a HVAC repairman make the best choice for a canidate to meet his human capital needs.

Pet store owner wants to add boarding to the business. What will she need to obtain before adding a kennel?

What marketing strategy would increase the companies substainability?

Owner of a store outsources payroll and related functions to outside source. What is included in this outsourcing?

What is the most practical source of funding for materials to compete a customers job?

Painter wants to move to a new town. He needs to know if there is sufficient demand. What 2 things should he research?

Member of a band writes a new song.Wants to protect his property. What would he use to protect his song from others?

What methods should be used to track growth of a business in the first business.

Business seeking customers for low priced service.Identifies customers sensitive to high prices. Method segment is used?

What are 3 charistics of an entreprenuer? Choose 3

Entreprenuer opens a wedding cake bakery. Closes in 6 months. What choice must the entreprenur make based on closure?