
ESB Review
Flashcard
•
Computers
•
12th Grade
•
Practice Problem
•
Hard
Wayground Content
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9 questions
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1.
FLASHCARD QUESTION
Front
What is Entrepreneurship?
Back
Setting up a business with the aim to make a profit.
2.
FLASHCARD QUESTION
Front
Which is a true statement about an S-Corporation? Options: Unlimited shareholders are allowed. Shareholders are not personally responsible for business liabilities. The owner is personally responsible for business liabilities. Unlimited owners are allowed.
Back
Shareholders are not personally responsible for business liabilities.
3.
FLASHCARD QUESTION
Front
Which business structure has only one owner?
Back
Sole Proprietorship
4.
FLASHCARD QUESTION
Front
What is the first stage of the business cycle?
Back
Existence
5.
FLASHCARD QUESTION
Front
During the Design Thinking Process, which element has you state your users' needs and problems?
Back
Define
6.
FLASHCARD QUESTION
Front
What is the main drawback of a sole proprietorship?
Back
They have unlimited personal liability.
7.
FLASHCARD QUESTION
Front
What might the design team need to do during the design thinking process?
Back
Revisit previous stages
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