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Chapter 5 & 6 Vocab
Vocabulary Words for the Test
8
Business
12th Grade
11/08/2017

Additional Business Flashcards

 


 

Cards

Term
SMALL BUSINESS
Definition
AN INDEPENDENT BUSINESS WITH FEWER THAN 500 EMPLOYEES
Term
SMALL BUSINESS ADMINSTRATION
Definition
A GOVERNMENT AGENCY THAT HELPS SMALL BUSINESS OWNERS DEVELOP BUSINESS PLANS
Term
LONG TERM FIANCING
Definition
THE MONEY NEEDED FOR THE MAIN RESOURCES OF A  BUSINESS
Term
VENTURE CAPITAL
Definition
MONEY PROVIDED BY LARGE INVESTORS TO FINANCE NEW PRODUCTS AND NEW BUSINESS THAT HAVE A GOOD CHANGE OT BE VERY PROFITABLE
Term
BUSINESS PLAN
Definition
A WRITTEN DESCRIPTION OF THE BUSINESS IDEA AND HOW IT WILL BE CARRIED OUT
Term
ENTREPRENUER
Definition
SOMEONE WHO TAKES A RISK IN STARTING A BUSINESS TO EARN A PROFIT
Term
IMPROVEMENT
Definition
A DESIGNED CHANGE THAT INCREASES THE USEFULNESS OF A PRODUCT, SERVICE , OR PROCESS
Term
INNOVATION
Definition
AN INVENTION OR CREATION THAT IS BRAND NEW
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