ESB Domain 1 Lesson 1

Front

Entrepreneurs are willing to explore new opportunities and unknown _____.

Back

Risks

Front

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

Back

B2B

Front

What is the transaction called when a customer is making a purchase from a business?

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

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 Options: Strength, Patience, Caring, Kind

Back

Patience