| Question |
Answer |
| Who is someone who takes a risk in starting a business to earn a profit? |
entepreneur |
| What is the process of starting, organizing, managing, and assuming the responsibility for a business? |
entrepreneurship |
| What is money provided by large investors to finance new products and new businesses that have a good chance to be very profitable? |
venture capital |
| What is an invention or creation that is brand new? |
innovation |
| What is a designed change that increases the usefulness of a product, service, or process? |
improvement |
| What is an independent business with bew that 500 employees? |
small business |
| What is a government agency that helps small business owners develoop business plans and obtain financing and other support for their companies? |
Small Business Administration |
| What is a written description of the business idea and how it will be carried out? |
business plan |
| What is the amount of money needed to open the business? |
start-up financing |
| What is the money needed to pay for the current operating activities of a business? |
short-term financing |
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