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Entrepreneurship

Lesson 1.01

TermDefinition
Entrepreneur a person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so.
Entrepreneurship a person who starts a business and is willing to risk loss in order to make money
Venture may also be considered a small business. Many will be invested in by one or more individuals or groups with the expectation of the business bringing in a financial gain for all backers.
Opportunity a set of circumstances that makes it possible to do something.
Small Business an independently owned and operated company that is limited in size and in revenue depending on the industry
Creativity the use of the imagination or original ideas, especially in the production of an artistic work.
Financing provide funding for (a person or enterprise
Image a representation of the external form of a person or thing in art.
Innovation a new method, idea, product, etc.
Integrity the quality of being honest and having strong moral principles; moral uprightness
Management the process of dealing with or controlling things or people
Planning the process of organizing something
Product an article or substance that is manufactured or refined for sale
Resourceful having the ability to find quick and clever ways to overcome difficulties
Resources a stock or supply of money, materials, staff, and other assets that can be drawn on by a person or organization in order to function effectively
Service the action of helping or doing work for someone
Created by: scmap34
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