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ESB Domain 1

Authored by MICHELLE BOLT

Instructional Technology

11th Grade

Used 230+ times

ESB Domain 1
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32 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The key objective of a small business owner is to generate ______ .

profits

customer retention

cash

none of these

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Entrepreneurs are willing to take on new opportunities and unknown risks to grow their businesses rapidly

FALSE

TRUE

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

When a ______purchases an item from a business, it is a business-to-consumer transaction

business

vendor

customer

all of these

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

______ are for-profit corporations with limited liability and are NOT the most ideal for overseas or international operations.

C corp

S corp

LLC (Limited Lability Company)

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

are ideal for international businesses.

International Company

Over Sea Corp

none of these

C corp

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The (COO) Chief Operating Officer duty is

handles the finances of a company

oversees daily operational and administrative functions

oversees the marketing team

oversees the daily transactions for a company

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A ______votes on the management of a company.

stockholder

Customer

Board of Directors

All of these

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