Overview Flashcards
Entrepreneurship
The activity of setting up a business or businesses, taking on financial risks in hopes of profit
Owner
Is earned by sole proprietors and entrepreneurs who have total owner of a business
-may be the CEO
CEO
Chief executive officer, highest ranking executive in a company whose primary responsibilities includes making major corporate decisions, managing the overall operations and resources of a company, and acting as the main point of communication between the board of directors
CFO
Chief financial officer, a senior executive with responsibility for the financial affairs of a corporation or other institution
-highest ranked financial position in a company
COO
Chief Operations/Operating Officer, second-in-command, especially if the highest ranking executive is the chairperson and CEO
-tasked with overseeing the day-to-day administrative and operational functions of a business