ESB Domain 1 Lesson 1

Front

Entrepreneurs are willing to explore new opportunites and unknown _____

Back

Risks

Front

When a business makes a purchase from another business, this transaction is called?

Back

B2B

Front

When a customer is making a purchase from a business, this transaction is called? Options: CSS, B2B, B2K, B2C

Back

B2C

Front

A product is a ________ item that you can hold, such as clothing, toys, and food.

Back

tangible

Front

Businesses sell ________ and ________.

Back

Products and services

Front

A _________is a business where the owners license their operations, products or services, branding, and knowledge for a license fee.

Back

Franchise

Front

A franchise is a business that has established operations, products, or services, and branding. This business requires more money upfront and has less _____

Back

risks, risk

Front

What sets small businesses owner apart from the entrepreneur?

Back

Small business owners' key objective is to generate profit.

Front

Select the trait of an Entrepreneur: Empathy, Charming, Compassionate, Understanding, Positive Attitude

Back

Empathy

Front

Select a trait of an entrepreneur

Back

Patience