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Entrepreneurship

Lesson 1.01

TermDefinition
Entrepreneur a person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so
Entrepreneurship the activity of setting up a business or businesses, taking on financial risks in the hope of profit
Venture a risky or daring journey or undertaking
Opportunity a set of circumstances that makes it possible to do something
Small Business an independently owned and operated company that is limited in size and in revenue depending on the industry
Creativity the use of the imagination or original ideas, especially in the production of an artistic work
Financing provide funding for a person or enterprise
Image a representation of the external form of a person or thing in art
Innovation a new method, idea, product, etc
Integrity the quality of being honest and having strong moral principles; moral uprightness
Management the process of dealing with or controlling things or people
Planning the process of making plans for something
Product an idea or object that is the result of an action or process
Resourceful having the ability to find quick and clever ways to overcome difficulties
Resources a stock or supply of money, materials, staff, and other assets that can be drawn on by a person or organization in order to function effectively
Service the action of helping or doing work for someone
Created by: bcwitherell
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