ESB Domain 1 Test

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

• True

• False

Who is the "creator of the company" ?

• founder

• employee

• intern

Having a _______mindset means believing that one can accomplish anything through hard work.

• growth

• closed

Paul is writing code for his new software program. Which intellectual property law would best protect Paul's code?

• copyright

• patent

• trademark

Cohen creates a new cellphone case for the latest iPhone that is said to rival the most protective on the market. Which intellectual property law would best protect Cohen's design?

• copyright

• patent

• trademark

Faith created company branding design for her new company including logos and a color board. Which intellectual property would best protect her creative work?

• copyright

• patent

• trademark

Business owners are legally bound to treat customers fairly, living by these qualities: (select all that apply)

• Honesty

• Attention

• Accessibility

• Respect

True or False: If a nonprofit organization earns more than they spend, the nonprofit must, by law, use the money to support the organization's mission.

• True

• False

Which section of the business plan is focused on customer retention, growth and acquistion?

• Marketing

• Organizational

• Financial

• Executive Summary

Which section of the business plan is a brief summary detailing overview of the business

most important because it is read first

• Executive Summary

• Business Plan

• Marketing Plan

• Organizational Plan