entreprenuer ship word terms
Sole Proprietorship
A Business that is owned exclusively by one person.
Partnership
A business that is owned by two or more people.
Corporations
A separate legal organization. It can enter contracts and own property using its own distinctive name.
Franchise
A legal agreement that gives an individual the right to market a company’s products or services.
Entrepreneur
A person who takes the risks of starting and being in a business: businessman.
Business:
An organization that is engaged in professional, commercial, or industrial activities. As well as trades and selling goods.
Company
A commercial business.
Asset
A useful and trustworthy person, object, or quality.
C.E.O
the person that has that title is responsible of managing company.
Venture Capital
A company that is fair and a type of financing that investors use to start up businesses and small ones that are said to have a long growth potential.
A Public Business
A business that sold all of itself or a portion to the public.
A Private Business
A company that is owned by one person or a small group that doesn’t trade its shares on a stock market.
A Non-Profit Business
A business or organization that gives stuff to the people in need or any kind of activity in which they do not earn profit.
An N.G.O. Business
the private organization that operate only outside of governmental control.
What is the ‘etymology’ of the word “brand”?
To identify something with a distinctive symbol.
Culture
Customs, arts, that people achieved, and the arts represent them.
Appropriation
Taking something without permission
“Cultural Appropriation”
when members of the group adopt a cultural way that it disrespectful, inappropriate, or stereotypical way.
Cultural borrowing
honoring the culture and showing respect.
Target market
Individuals or companies that are interested in a particular product or service and are willing and able to pay for it.
Market Segment
groups of customers within a large market who share common characteristics.
Customer Profile
A description of the characteristics of the person or company that is likely to buy the product or service.
Demographic
Using data of a person or company to sell something they want. Or sell to a specific person.
User-based data
Data that help you determine how often potential customers use a particular service.
Geographic Data
Data that help you where your potential customers live and how far they will travel to do business with you.
Market Research
A system for collecting, recording, and analyzing information about customers, competitors, products, and services.
Primary Data
Information collected for the very first time to fit a specific purpose
Secondary Data
Information found on a already published resource
Credit Score
a prediction of your credit behaviour, like how likely you are to pay a loan.
Report
a account or statement describing an event in detail, mainly as a result of observation.
Interest
Overtime the money owed goes higher or more expensive. Happened when lending money and delayed the specific time of deadline when it should be paid.
‘Appreciation’
the value of a financial asset is increasing overtime
‘Depreciation’
the monetary value of an asset is decreasing overtime.
Financial Budget
The process of calculating how much you earn, spend, borrow/loan, and save.
Machiavelli(anism)
A personality trait denotes cunningness, the ability to manipulate, and a drive to do anything to achieve a goal.
Glass Ceiling
A barrier to keep women from promoting into a higher business positions
Whistle-blower
When a person informs a organization or another person engaged in illicit activity.
Corporate Social Responsibility
A role model in which companies try to enhance society and the environment.
Conflict of Interest
Someone else’s interests could compromise your own interests.
Negligence
Failure to level with causing injuries or other negative outcomes. (carelessness)
Intellectual Property
This refers to any intellectual creation.
Copyright
The legal right of the owner of intellectual property.
Trademark
A symbol or phrase or word that represents a specific company.