English for Business and Entrepreneurship Flashcards
Day-to-Day Operations
The things that happens on normal days in a business.
Distribution
The process of supplying something
Entrepreneur
A person who takes an idea and turns it into a successful new business.
Entrepreneurship
The making of a new business
Feature
A noticeable or important characteristic or a part
Function
The way something works
Good
The type of product that is tangible
Innovation
A new idea or a method
Manufacture
To make product or goods from raw material and/or by physical labor or machinery
Market research
The collection and study of information about what people prefer to buy,
Non-profit
Describes a organization, corporation or company that does not operate to make a profit
Operations
Activies that happen as part of running a business.
Prototype
The first full-size working version of a product
Risky
Involving the posibility of something bad happening
Service
A type of product that is intangible.
Small Business Owner
A person who owns and manages a small business and responsible for day-to-day operations
Startup
A business that does not exist before.
Supplier
A source for goods or services.
Tangible
Describes something that can be touched
Target Market
People are most interested in buying a product
