Chapter 7 Entrepreneurship And Starting A Small Business Flashcards

1
Q

Microentrerprises

A

Small business’s defined as having free than 5 employees

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2
Q

Micropreneurs

A

Small business owners who are willing to accept the risk of starting and managing the type of business that remains small

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3
Q

Intrapreneurs

A

Creative people who work as entrepreneurs with corporations

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4
Q

Incubators

A

Centres that help small business’s grow

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5
Q

Venture capitalists

A

Individuals or companies that invest in new businesses in exchange for partial ownership of business

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6
Q

Angel investors

A

Private people who invest their money into hot new businesses

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7
Q

Entrepreneurship

A

Accepting the challenge of starting and running a business

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