Entrepreneurship Unit 3

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

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

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

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

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

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

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

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

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

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

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

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

The quality of being fair and impartial.

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

To design and develop new and better products.

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

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