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Entrepreneurship 1

Objective101

TermDefinition
Entrepreneur A person who starts and manage a business, taking on financial risk in order to make a profit. (Bill Gates: Microsoft)
Ethics A set of moral principals and values that guide how individuals and businesses make decisions about what is right and wrong. (Employee Treatment)
Etiquette Polite behavior and good manners used in social and professional settings; the "rules" for how to act respectfully (Using polite Langanges)
Globalization The process of businesses and culture becoming connected worldwide through trade, communication, and technology (Macdonald's and Starbucks)
Innovation The process of creating new ideas, products, or methods that improve existing ways of doing things. ( The iPhone)
Intrapreneur An employee within a company who thinks and acts like an entrepreneur, developing new ideas or projects that benefit the business. ( Flamin Hot Cheetos)
Risk The possibility of loss or failure, often faced when making business decisions or investments. (Market Risk)
Created by: user-1967703
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