ESB Certification Review Test

ESB Certification Review Test

Assessment

Flashcard

Business

9th - 12th Grade

Hard

LEGAL STRUCTURES, ROLES

Standards-aligned

Created by

Wayground Content

FREE Resource

Student preview

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32 questions

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1.

FLASHCARD QUESTION

Front

Josie is a teenage girl who wants to start a jewelry-making business. Her target market is females, ages 10-14. What price should she charge per necklace that she sells?

Back

Between one and ten dollars

2.

FLASHCARD QUESTION

Front

Classify the following business as either direct or indirect competition: Cheerleading gym

Back

Direct competition

3.

FLASHCARD QUESTION

Front

Dependable employees

Back

Strength

4.

FLASHCARD QUESTION

Front

A key example of a __________ service many companies use is a software as a service (SaaS) platform. [Production Options]

Back

prebuilt

5.

FLASHCARD QUESTION

Front

A(n) _________________ refers to the net profit the company wants to make from the sale and is usually represented using a percentage. [Selling Price]

Back

profit margin

6.

FLASHCARD QUESTION

Front

A(n) ________________ is a financial report that shows a company's assets, liabilities, and equity for a specific period. [Basic Financial Statements]

Back

balance sheet

7.

FLASHCARD QUESTION

Front

The ______________ point is the amount of revenue required to cover expenses.

Back

break even

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