Course:
ESB
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ESB
ESB EXAM STUDY GUIDE Q&A Latest Update
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✅ Prepared for 2025/2026 test cycle
Uploaded on: | May 8, 2025 |
Last updated: | May 8, 2025 |
Number of pages: | 23 |
Written in: | 2025/2026 |
Type: | Exam (elaborations) |
Contains: | Questions & Answers |
Tags: | ESB EXAM STUDY GUIDE Q&A Latest Update |
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ESB EXAM Study Guide | Q&A Latest 2025/2026 | 100% PASS Flexibility - Answer -Ability to adapt, willingness to change Courage - Answer -Takes risks in spite of possible losses Empathy - Answer -Sensitive to thoughts and feelings of others What are three characteristics of entrepreneurs? - Answer -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? Answer -Buy an existing business that is already successful. An entrepreneur moves into a small town and notices several stores selling guns and ammunition. The entrepreneur loves to compete in competitive shooting events. Based on the scenario provided, what should be emphasized in marketing to attract customers? - Answer Location An entrepreneur has been working for a flooring business in a neighboring town. He feels he is ready to open his own flooring business in his local community. Which should be emphasized in marketing to attract customers to his new business? - Answer -Lower Prices Which is one of the greatest benefits of entrepreneurship? - Answer Being your own boss