Re write Each Scenario using the proper terms., For each number rewrite using the correct term.

1. Robert Johnson was performing a menial task when he came up with an innovative idea. He consulted 1)a friend of his that invests in the support and guidance of up and coming inventors. The friend told him that it was a great that he had an idea but he should protect the idea before he disclosed it by getting him the friend to 2) sign a contract not allowing anyone he shares it with to share it with anyone else. He told him that once he did that he could move forward. The next step would be to look in a certain3) online place to see if there was anything out there like what he had in mind. The friend then told him that he would need to create 4)something to give people and image and function along with capabilities of the intended invention. The next thing Robert was advised to do was to do was to5) protect his idea in the most affordable way with allowances for upgrades to his invention.

2. Regal Management was undertaking a new project because they had won a contract with the State of Washington. They were now in need of an attorney because they 5) feared the language in the indemnity clause. Signing without understanding could cause them to be left with the 6) liability of each partner resulting from any one partners liability to legally bind the other partners. Regal Management did not want to take the chance that they would have to come up with 7) a secondary source of loan repayment for the necessary equipment to fulfill the contract. One wrong move could cause them to take a hit 8)to their integrity, and honesty usually measured by credit history.

3. Zenobias Sweet Tooth Bakery has had her eye on Valencias baking facility for quite some time and she decided to take a look at their menu. Upon configuring her expenses and her clientele she decided to lower the cost of items on her menu to win over customers from the competition. She would now under price any competition in order to implement 9)a successful and aggressive take over strategy

4. Josephine is trying to start her business plan but she is stuck on how to write where she hopes 10)for the business to go and 11)how she is going to get there. Her mind was so plagued with how she would come up with 12)a strategy designed to optimize profitability, revenue and customer satisfaction by focusing on specific customer groups. She feels like it may be best to start in a 13) subset of a larger market. Her real issue is that she has the type of 14)personality that thinks short term and is reluctant to delegate and relies on her own abilities.

5. The community center organizer is sick and tired of looking at the youth from the neighborhood with nothing to do and all the filth is so unbecoming. She has decided that she would get a group of people together and form a board so that she can 15)officially create an organization that could take donations and provide cleaning services by giving jobs to the youth. She wont stop there but she will also perform and 16) internal and external analysis annually to be sure that things are running smoothly. 17) She will also be sure that she can be successful if the IRS or other governmental agencies come to check that the business is doing what it says it is. She takes pride in what she does because she has18) the personality that focuses on business and providing results for customers while carrying the vision.

6. Brian was concerned that the 19) workmans compensation legislation in Germany would be different that here in the United States under a domestic business fulfilling an international contract. 20) It is his determination to cut through the red tape and corporate mumble, Jumble to make his patrons a priority

7. The Blue Skillet Dinner has finally 21) been able to expand and now has all levels covered. The own the farm that provides the dairy and meat used in the diner and they own the trucks and freezers to transport the meat. They own the warehouse and slaughterhouse as well as the chain of diners that serve the final product.