Lesson 1 Flashcards
the activity of setting up a business or businesses, taking on financial risks in the hope of profit
Entrepreneurship
a person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so.
Entrepreneur
converts ideas to actual implementations.
Mid level management
These are professionals who go to client, help them identify problems and fix them.
Business consultant
Someone who works in sales or runs the department needs to know how businesses run.
Sales
the activities a company undertakes to investigate new ideas, discover innovative solutions, and develop new products or services to improve their existing offerings
Research and development
Being able to raise funds requires understanding the importance of the business and networking relationship
Not for profit funraiser
teaches students the entrepreneurial side. Teach them the benefits of math to business, history to innovation, and literature to persuasive advertising.
Teacher
a person who starts a hiring business and connects top talent with job opportunities
Recruiter
if you can write articles, or pick up a quick class to learn it, you are in a prime position to take the lead on covering a local business beat. You will understand the field and concepts and can use your knowledge to make the business section that much more interesting and telling
Business reporter
Is realand notimaginary;ableto beshown,touched, andexperienced
Tangible
is an individual or entity that provides services to another party
Service Provider
is an object, system, or service made available forconsumeruse in exchange for any monetary value given by the individual or entity
Product
are mostly tangible items sold to customers
Goods
are tasks performed for the benefit of the recipients such as customers or consumers
Services
