Gmetrix - D1L2

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

• Risk tolerance

• Profit margin

• Investment return

• Market share

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

• growth

• fixed

• static

• limited

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

• trademark

• license

• patent

• copyright

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

• goals

• profits

• losses

• expenses

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

• executive

• financial

• marketing

• operational

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

• business

• marketing

• financial

• operational

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

• Vision

• Strategy

• Financial plan

• Mission Statement:

A patent protects an __________ from being copied.

• Invention

• Trademark

• Trade Secret

• Copyright

Which of the following is NOT a characteristic of a successful entrepreneur?

• Resilience

• Procrastination

• Adaptability

• Vision

Which business opportunity involves higher start-up costs?

• Franchise ownership

• Online retail business

• Freelance consulting

• Dropshipping