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