
ESB Test Review
Quiz
•
Other
•
11th Grade
•
Practice Problem
•
Medium
Erin ALLEMAND
Used 22+ times
FREE Resource
Enhance your content in a minute
40 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The key objective of a small business owner is to generate ______ .
profits
customer retention
cash
revenue
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When a ______purchases an item from a business, it is a business-to-consumer transaction.
business
vendor
customer
anyone
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The COO's (Chief Operating Officer) duty is to ____.
handle the finances of a company
oversee daily operations and administrative functions
oversee the marketing team
oversee daily transactions for a company
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When businesses compensate their employees for each unit of work they produce, they are paying their employees by ______.
percent pay
hours worked
salary
piece work
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The owner may decide to sell their ownership in the company during the ______ stage of the business life cycle.
exit plan
gateway
opening
takeoff
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
_____ allows one to see and experience a customer's perspective.
Empathy
Kindness
Entrepreneurial Skills
Generosity
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
________ is the amount of loss one is willing to take when making an investment decision.
Willingness
Will power
Risk tolerance
Strength
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