Topic 1.2 Showing Enterprise Flashcards
Enterprise
A willingness by an individual or a business to take risks, show initiative and undertake ventures.
Goods
Physical, tangible products like a car etc.
Services
Non physical, intangible products like a taxi journey etc
Creative thinking
Coming up with new and unique ideas
Deliberate creativity
The intentional creation of new ideas through recognized and accepted techniques
Lateral thinking
Thinking differently to try and find new and unexpected ideas
Patent
Right of ownership of an invention of process when it is registered with the government.
Copyright
Legal ownership of material such as books, music and films which prevents these being copied by others.
Trademarks
The symbol, sign or other feature of a product or business that can be protected in law.
