Enterprise Flashcards

1
Q

Enterprise

A

planned economic entity for the production of goods and services (they mainly produce for foreign consumption)

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2
Q

Business

A

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

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3
Q

Entrepreneurship

A

the ownership of enterprise

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4
Q

business characteristics

A

owner, managers, goals, a set of resources, administrative and organizational structures of the production organization, performance evaluation by owners managers and other shareholders

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5
Q

shareholders

A

organizations or individuals that legally own one or more shares in private or joint stock companies

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6
Q

stakeholders

A

an investor who can participate in the appointment and guidance of managers

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7
Q

Business goals

A
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