Domain 1 & 2 Quiz

______________ is the amount of loss one is willing to take when making an investment decision.

• Risk-Tolerance

• Failure

• Growth

• Liability

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

• critical

• creative

• growth

• ethical

An example of an ______________ risk is a natural disaster.

• Political

• Financial

• Environmental

• Direct Competition

A business opportunity is an ____________ that lets a buyer start a business.

• risk

• license

• investment

A __________ needs to be obtained to use a brand name on products.

• Copyright

• Trademark

• Patent

• Trade Secret

The five factors that determine the viability of a business opportunity are _________ _________, relationships, cash flow management, management skillsets, and passion.

• target market

• market size

• management

A business plan helps a business achieve short-term and long-term __________.

• financial plan

• statement

• goals

• business plan

A lean canvas should only be _______ page(s) long.

• 5

• 1

• 10

• 15

The ____________ summary creates the first impression of a business plan.

• executive

• final

• analytical

The _____________ plan should specifically be directed to investors and lenders.

• Federal

• Fiscal

• Financial