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Vocab 1.2
Entrepreneurship
Question | Answer |
---|---|
Opportunity | an idea that has commercial potential |
Business Failure | owner usually files for bankruptcy- loses money |
Discontinuance | purposely discontinued by owner |
Start-Resources | Capital, skilled labor, legal and financial advice, management expertise, facility, equipment |
Enterprise Zones | An impoverished area in which incentives such as tax concessions are offered to encourage investment and provide jobs for residents |