Instructions: While watching Domain 1 Lesson 2, fill in the missing words according to the information presented by the
instructor. [References are found in the brackets.]
1.
is the amount of loss one is willing to take when making an investment decision.
[Characteristics of an Entrepreneurial Mindset]
2. Having a
mindset means believing that one can accomplish anything through hard work.
(Characteristics of an Entrepreneurial Mindset]
3. An example of an
4. A business opportunity is an
Business Opportunity]
5. A
Opportunity]
risk is a natural disaster. [Entrepreneurship Risks and Benefits]
that lets a buyer start a business. [Characteristics of a
needs to be obtained to use a brand name on products. [Characteristics of a Business
6. The five factors that determine the viability of a business opportunity are,
relationships, cash flow management, management skillsets, and passion. [Viability of a Business Opportunity
7. A business plan helps a business achieve short-term and long-term
and Lean Canvas]
8. A lean canvas should only be
9. The
Business Plan]
10. The
Business Plan]
[Business Plan, Pitch Deck,
long. [Business Plan, Pitch Deck, and Lean Canvas]
summary creates the first impression of a business plan. [Key Components of a
plan should specifically be directed to investors and lenders. [Key Components of a
presentation. [Key Components of a
11. A pitch deck is most commonly presented in the form of a
Pitch Deck]
12. 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. [Key Components of a Pitch Deck]
13. A patent protects an,
from being copied. [Trademarks, Trade Secrets, Copyrights, and Patents]
14. Trade secrets protect a company's formulas from being shared with,
Trade Secrets, Copyrights, and Patents]
15. To license a product, one must obtain
Materials]
16. Confidentiality or,
trade secrets. [Using Licensed Materials]
[Trademarks,
from the author or creator. [Using Licensed
agreements are signed by employees, agreeing not to share