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People in Business
| Term | Definition |
|---|---|
| Stakeholders | people who are affected by how a business is run. Stakeholders include:the entrepreneur,investor....etc. |
| An Entrepreneur | a person who spots an opportunity in the market and takes the initiative to set up a business to make money from that oportunituy. For example Caroline Keeling |
| Investor | the person who gives capital to the entrepreneur so he/she can set up and run their own business. Allied Irish banks |
| Equity Finance | when the investor gives the entrepreneur capital in return for a share in the business. The return is an annual share of the profits called a dividend. |
| Debt Capital | the investor lends money to the entrepreneur which he/she expects to be paid back with interest. |
| Employer | a person who hires others to work for him/her. Aer Lingus |
| Employee | a person who works for an employer in return for a wage. They carry out essential tasks to make the business a success. |
| Intrapreneurs | Employees who give their employers ideas to make the business even more successful. Microsoft employees = Xbox |
Created by:
JackTravers99
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