Domain 1 Lesson 1 & 2 Test

To license a product, one must obtain _____________ from the author or creator.

• authorization

• money

• advice

• nothing

Confidentiality or _____________ agreements are signed by employees, agreeing not to share trade secrets.

• disclosure

• Non-disclosure

• trademark

• patent

Trade secrets protect a company's formulas from being shared with ____________.

• customers

• other workers

• competitors

• management

A patent protects  _____________ from being copied.

• Creative works

• inventions

• logos

• company practices

A _________ and ___________ proposition provides a brief overview of a business where one talks about the company's mission and the value provided to customers. 

• funding

• value

• financial

• vision

A pitch deck is most commonly presented in the form of a ____________ presentation.

• paragraph

• summary

• google

• slide

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

• marketing

• financial

• organizational structure

• executive

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

• marketing

• business plan

• financial

• executive

A lean canvas should only be ______ page long.

• 5

• 2

• 3

• 1

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

• goals

• key metrics

• plans

• finances