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Entrepreneurship
Entrepreneurship
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Entrepreneurship and Processes
Flashcards
20 cards
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Practice quiz
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Questions
20
Answers
1
A proposal that describes a new business
trademark
business plan
Executive Summary
start-up resources
2
Usually started to create jobs for the owners
capital
corporations
patent
small business
3
A business undertaking involving risk
venture
mission statement
discovery
innovation
4
Capital and resources needed to start a business
innovation
start-up-resources
code of ethics
copyright
5
An idea that has commercial value
venture
innovation
code of ethics
opportunity
6
Acquiring financial, human, and capital resources for the venture startup
actualization
demographics
resourcing
venture
7
Exclusive rights to use, sell or manufacture an invention, granted by the government.
capital
Patent
business plan
copyright
8
Applying principles of right and wrong to situations in the workplace
small business
Business ethics
innovation
innovation
9
Data that describes people in terms of their age, marital status, family size, income,education
resourcing
demographics
concept development
venture
10
An individual who takes the risk associated with creating, organizing, and owning a business
small business
mission statement
entrepreneur
innovation
11
The legal right granted for production, sale or distribution of goods or services
capital
copyright
venture
business plan
12
A brief description of the key points of the business plan
copyright
capital
start up resources
executive summary
13
The process of starting and operating one’s own business
entrepreneurship
corporation
concept development
innovation
14
A written description of the purpose of a company and the management’s philosophy
mission statement
resourcing
discovery
opportunity
15
Guide or set of rules used to guide the behavior of an individual, a business, or culture
code of ethics
mission statement
actualization
concept develpment
16
Stage where the entrepreneur generates ideas, recognizes opportunities, and decides feasibility
harvesting
discovery
resourcing
demographics
17
Name, symbol, figure, letter, word used by a or merchant to distinguish his or her goods
opportunity
discovery
trademark
capital
18
A new or different product
demographics
small business
Innovation
opportunity
19
Money or property, used or accumulated in a business by a person, partnership, or corporation
business plan
capital
patent
trademark
20
Stage in which the entrepreneur decides on a venture’s future growth, development, or demise
harvesting
resourcing
demographics
concept development