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Unit 2 vocabulary AB

QuestionAnswer
Business ethics Applying principles of right and wrong to situations in the workplace
Business plan A proposal that describes a new business.
Code of ethics A systematic set of rules and procedures used to guide the behavior of an individual, a business, or a culture.
Entrepreneur: An individual who undertakes the risk associated with creating, organizing, and owning a business.
Entrepreneurship: The process of starting and operating one’s own business.
Ethical behavior: Knowing the difference between right and wrong and consciously choosing to do what is right.
Ethics: Guidelines for human behavior; the study of moral choices and values; choosing between right and wrong.
Executive summary brief description of the key points of the business plan
Created by: abowens9
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