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Entrepreneurship
Lesson 1.01
Term | Definition |
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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 |