Entrepreneurship Unit 3

Moral rules or principles of behavior that guide members of a profession or organization, and treat customers fairly.

A person who organizes and operates a business/businesses, taking on greater than normal financial risks to do so.

The state of being united or kept together as one whole, and therefore strong, unit.

The activity of setting up a buisiness or businesses, taking on financial risks in the hope of profit.

Send (goods or services) to another country for sale.

A person employed for wages or salary, especially at nonexecutive level.

Amount paid by a borrower to a lender, e.g. to a bank by someone borrowing money for a loan, or by a bank to a depositor

Financial document showing the amount of money earned and spent in a particular period of time by a company.

A place or large building which is used to make or provide a particular product or service.

An amount of money owed by a business to a supplier, lender, or other creditor.

The quality of being fair and impartial.

A list of goods sent or services provided, with a statement of the sum due for these; a bill.

To become larger in size, amount, number, or to make something larger in size, amount, or number.

To design and develop new and better products.

Goods and materials a business acquires, produces, and manufactures for the purpose of manufacturing, selling/exchanging

Arrangment in which a company gives a business the right to sell its goods/services for payment or share of the profits.

Wealth and resources of a country, or region, in terms of the production, and consumption of goods and services.