D1L2 ESB Summative

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

• Risk tolerance

• Asset allocation

• Liquidity

• Diversification

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

• rigid

• fixed

• passive

• growth

An example of an ___________risk is a natural disaster.

• financial

• environmental

• technological

• personal

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

• loan

• expense

• investment

• debt

A ________needs to be obtained to use a brand name on products.

• license

• permit

• invoice

• receipt

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

• product price

• location

• market size

• advertising strategy

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

• goals

• problems

• losses

• delays

A lean canvas should only be_________ long.

• one page

• ten pages

• fifty pages

• hundred pages

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

• operational

• financial

• marketing

• executive

The _______________should specifically be directed to investors and lenders.

• technical plan

• marketing plan

• operational plan

• financial plan