Chaap 6 Word Scramble
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| Question | Answer |
| What is entrepreneur? | someone who takes a risk in starting a business to earn a profit. |
| What is Entrepreneurship? | is the process of smarting, oranganing, managing, and assuming the responsibility for a business. |
| What is Venture capital? | money provided by large investers to finance new products and new business that have a good chance to be very profitable. |
| What is innovation? | invention or creation that is brand new |
| What is improvement? | designed change that increases the usefulness of a product, service, or process. |
| What is small business? | is an independent business with fewer than 500 employees. |
| What is Small Business Administration? | is a government agency that helps small business owners develop business plans and obtain financing and other support for their companies. |
| What is a business plan? | a written description how it will carry out, including all major business activities. |
| What is Short-term financing? | the money needed to pay for the current operating activities of a business. |
| What is Long-term financing? | is money needed for the main resources of a business such as land, buildings, and equipment. |
| What is Start-up financing? | is the amount of money needed to open the business. |
Created by:
Jessica Fudge
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