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people in business
LC PEOPLE IN BUSSINESS
| Term | Definition |
|---|---|
| ENTREPRENEUR | An Entrepreneur is a a person who spots an opportunity [ a gap in a market and takes the initiative to set up a business to make money |
| INVESTOR | An investor is a person who gives money [capital] to the entrepreneur that she needs to set up and run her business in return on investment |
| EMPLOYER | an employer is a person who hires others to work for her |
| EMPLOYEE | An employee is a person who works for an employer in return for a wage |
| MANAGER | a manager job is to run the business and make sure that it achieves its objectives |
| PRODUCER | a producer is a business that makes finished products to sell to consumers |
| CONSUMER | a consumer is a person who buys goods or services from the entrepreneur for his own personal use |
| SUPPLIIER | suppliers are the other firms the business [e.g its stock] from |
| SERVICE PROVIDER | a service provider is a business that offers a range of helpful supports to an entrepreneur |
Created by:
gearoidinb
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