ESB v2 D1 Worksheets 1 & 2

How many hours is a regular work week?

Which Stage is the marketing, selling and tweaking stage for a business?

How is a “startup” different?

What is the difference between Digital and Physical products?

WHY should a business use a BMC?

Which type of worker is paid by the number of units produced?

In which Stage does the Business expand and spread into new markets?

What is the difference between a Service and a Product?

How are they the same?

In which step do you create the solution to make sure your idea is a good one?

What are some Drawbacks?

Which are among the FIVE Business Life Cycle Stages?

Which type of worker receives a fixed amount of pay regardless of how many hours they work?

What are some Benefits of being an Entrepreneur?

According to Slide 10, what is the definition of a “small business”?

What are the FOUR domains on the exam?

HOW is the Business Model Canvas (BMC) DIFFERENT from a Business Plan?

Which are among the FIVE steps of the Design Thinking Process?

Which is an example of a franchise?

What is the difference between B2B and B2C?

Which roles in a company have Equity?

All stakeholders are shareholders, but not all shareholders are stakeholders

What are you entitled to if you work more as an hourly employee?

How does a Franchise work?

Which Stage is the beginning of the business lifecycle?

Which are Stakeholders?

Which type of worker receives compensation upon completion of a task (%)?

In which Stage should you think of an exit strategy?

Why would you use a “Pitch Deck”?

Which business tool contains up to 100 pages, is mostly text, and is used to get buy-in from investors?

In which Stage is the business consistently generating revenue and adding new customers?

In which step do you “Learn the people who have the problem”?

Which type of worker is paid at least minimum wage for the number of hours they work per week?

How many questions are on the exam?