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glossary
101 key terms glossary
| Question | Answer |
|---|---|
| Demographic | Change and or trends in the way people live work and think |
| Entrepreneur | An individual who creates a new bussiness bearing most of the risks and enjoying most of the rewards |
| Entrepreneurial process | A set of procedures and methodolgies that are followed by entrepreneurs for establishing a new business or venture |
| Entrepreneurship | The capacity and wwillingness to develop organize and manage a business veture alomg withany if its risks in order to make a profit |
| Ethics | The discipline concerned with what is morally good and bad and morally right and wrong |
| Globalization | The spread of products technology informantion and jobs across national borders and cultures |
| Innovation | The introduction of a new or improved good or social or professional settings |
| Intrapreneur | A professional at a company who uses his or her talent and skills to lead the launch of new products services projects business line etc with an entrepreneurial mindset |
| Large company enterpreneur | when a company has a finite amount of life cycles this type of entrepreneurship is for an advanced professiomal who knows how to sustain innovation |
| Political | these factors determine the extent to which a government may influence the econmy or a certain industry for example a government may impose a new tax or duty due to which entire revenue generating structures of organizationd might chnge |
| Risk | uncertainty about gains and losses |
| scalable startup entrepreneur | entrepreneurs that start their company belieling that their vision can change the world their funding comes from venture capitalists and they usually hire the best emplyees |
| small business entreoreneur | an entrepreneur who operates a business whith 250 or less employees they are mostly barely profitable but they make profits only to make living and support their family |
| social entrepreneur | an entrepreneur who wants to solve social problems with their products and services is in this category of entreprenurship |
| social | these factors scrutinize the social environment of the market and gauge determianants like cultural trends demographics population analytics etc |
| Technological | these factors pertain to innovations in technology that may affect the operations od the industy and the market favorably or unfavorably |
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nykeeia.j352