Industry and Enterprise Flashcards
1
Q
What is crowd funding?
A
Raising money from a large number of people
2
Q
Define co-operative
A
A business run and owned by its members
3
Q
Define fair trade
A
Ensure that producers are paid a fair price for there products
4
Q
What does enterprise involve?
A
Identifying new business ideas and opportunities
5
Q
What is it called when an entrepreneur or a business come up with something new?
A
Innovation
