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Business12
| Question | Answer | ||||
|---|---|---|---|---|---|
| The process of starting and operating one’s own business. | Entrepreneurship | Sometimes referred to as “mom and pop” businesses. Small businesses are generally started to create jobs for the owners. | Small business | ||
| Knowing the difference between right and wrong and consciously choosing to do what is right. | Ethical behavior | A business undertaking involving risk. | Venture | ||
| Guidelines for human behavior; the study of moral choices and values; choosing between right and wrong. | Ethics | ||||
| Applying principles of right and wrong to situations in the workplace. | Business ethics | A brief description of the key points of the business plan. | Executive summary | ||
| A proposal that describes a new business. | Business plan | An employee who coordinates people, processes, and other resources of a business in order for the business to achieve success and make a profit. | Manager | ||
| A systematic set of rules and procedures used to guide the behavior of an individual, a business, or a culture. | Code of ethics | A written description of the purpose of a company and the management’s philosophy. | Mission statement | ||
| An individual who undertakes the risk associated with creating, organizing, and owning a business. | Entrepreneur | An idea that has commercial value. | Opportunity |
Created by:
porsha2012