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Entrepreneurship
Entrepreneurship Chapter 5
Term | Definition |
---|---|
Small Business: | An independently owned business that usually has the owner as its manager. |
Virtual Business or Dot-com Company: | A business that operates on the internet. |
Business Plan: | A written Description of a new business venture that describes all aspects of the business. |
Executive Summary: | A brief recounting of the key points contained in a business plan. |
Vision Statement: | A statement that establishes the scope and purpose of a company and reflects its values and beliefs. |
Mission Statement: | A statement that expresses the specific aspirations of a company, the major goals for which it will strive. |