stud
bud
Sign up
Log in
Home
Library
Explore
SAT
More
ESB Cert Practice 1 Flashcards | StudBud
Explore
/
ESB Cert Practice 1
CMO stands for...
I am 58 years old.
ESB Cert Practice 1
24 terms
·
StudBud Administration
·
225 plays
Imported from external platform
Flashcards
24 cards
F
Practice quiz
P
Host live
L
Questions
24
Answers
1
I am 58 years old.
False
True
2
CMO stands for...
Chief Mother Officer
Chief Marketing Officer
Chief MOO Officer
Chief Management Officer
3
What is a target market?
Sales to customers who use archery products.
Marketing with a bullseye goal.
Advertising based on bullet points.
Customers to whom a company wants to sell its products and services.
4
Mitochondria is...
The powerhouse of the cell.
The green stuff in a plant
Part of the kidneys.
What determines eye color.
5
A franchise is...
an individual wanting to offer an innovate product or service to the world.
owned and managed by one individual or a small group of people.
McDonalds, and only McDonalds.
a business where the owner licenses their operations + services for a fee.
6
CTO stands for...
Chief Thief Officer
Chief Texas Officer
Chief Technology Officer
Chief Tenacious Officer
7
The Chief Financial Officer...
Individuals who bought stock of a company.
Oversees the business's day-to-day operational functions.
Makes major decisions for the company, reports to the Board of Directors.
Manages and plans cash flow, creates budgets, etc.
8
What is one of the first steps you must do before creating a product prototype?
Pre-sale the product for funding.
Launch a marketing campaign.
Identify materials needed.
Create a social media following.
9
How many moons does Saturn have?
13
146
27
2
10
Does an LLC protect personal property?
no
yes
maybe
11
The Chief Executive Officer (CEO)...
The individual that developed the company.
Makes major decisions for the company, reports to the Board of Directors.
Oversees the business's day-to-day operational functions.
Manages and plans cash flow, creates budgets, etc.
12
A sole proprietorship protects personal property.
False
True
13
The Chief Operating Officer (COO)...
Manages and plans cash flow, creates budgets, etc.
Makes major decisions for the company, reports to the Board of Directors.
Oversees the business's day-to-day operational functions.
Votes on the management of the company and on the CEO.
14
You want your legal structure to grow and hope to sell shares, without personal liability. Which structure is best?
C-corporation
S-corporation
Limited liability company
Sole proprietorship
15
What is piece work?
Pay is noncash compensation.
Pay depends on how many items you sell.
Only doing half of a job task.
A piece of work.
16
What is an advantage of selling digital products?
Digital products tend to have a higher value.
Digital products are not taxed.
Online delivery is expensive.
Not needing physical storage, inventory, or additional employees.
17
Which corporation uses a double layer of taxation?
Sole proprietorship
S-corporation
Limited liability company
C-corporation
18
What is entrepreneurship?
Marketing and selling products.
Acquiring leadership and managerial skills.
Setting up a business with the aim to make a profit.
Quickly advancing in positions within a corporation.
19
What is the square root of 49?
10
4
8
7
20
A salary is a fixed amount of pay during a period of time (usually a year)
False
True
21
Kelly purchases a new rug from a local home decor store. What type of transaction is this?
Business-to-business (B2B)
Business-to-consumer (B2C)
Digital
Physical
22
What is hourly pay?
Pay by the hour.
Pay by the day.
Pay by the minute.
Pay by the week.
23
I have 5 cats.
False
True
24
Which is a disadvantage of selling physical products?
Shipping and packaging costs.
Needing storage space.
Needing employees to track the supply.
All of the above.
