ESB Domain 1 (BMF course)

ESB Domain 1 (BMF course)

38 Qs

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ESB Domain 1 (BMF course)

ESB Domain 1 (BMF course)

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JASON WALLEY

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38 questions

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1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

(Obj. 1) When considering the reliability of the management for a business opportunity, what else should one consider at this time?
The cost of the product
The cost of management
The employees' skillset
One's own skillset

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

(Obj. 1) Which is one of the greatest benefits of being an entrepreneur?
Meeting new people
Paying less taxes
Schedule control
Quick return on investment

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

(Obj. 1) A common financial risk that entrepreneurs encounter is ____________
Bankruptcy
High Insurance Cost
High Taxes
High Maintenance Cost

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

(Obj. 1) Sharon owns a law firm. She has recently begun earning more money, and the firm's finances are doing well. In which business life cycle stage is Sharon?
Success
Survival
Existence
Take-off

5.

MULTIPLE SELECT QUESTION

45 sec • Ungraded

(Obj. 1) What are the three disadvantages of selling physical products?
Having more competitors than digital products
Shipping and product costs
Needing storage space
Physical products tend to have a lower value
Needing employees to track the supply

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

(Obj. 1) Brandon is in a band. His band has recently produced a new song. Which intellectual property law best protects the band's song from being stolen or reproduced by others?
Patent
Copyright
Trademark
Trade Secret

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

(Obj. 1) Which is an example of a business opportunity?
The buyer has a guaranteed profit of at least 10% of the seller's original price for the product
The initial buyer fee is at least $1000
The buyer only pays the buyer fee after 5,000 products have been sold
The seller is required to help the buyer find an ideal location for the business

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