Enterprise Flashcards
Enterprise
planned economic entity for the production of goods and services (they mainly produce for foreign consumption)
Business
a countinuous activity carried out independetly by an entrepreneur in his own name and on his own responsibility for the purpose of making a profit
Entrepreneurship
the ownership of enterprise
business characteristics
owner, managers, goals, a set of resources, administrative and organizational structures of the production organization, performance evaluation by owners managers and other shareholders
shareholders
organizations or individuals that legally own one or more shares in private or joint stock companies
stakeholders
an investor who can participate in the appointment and guidance of managers
Business goals