Who is the founder of Amazon
Jeff Bezos
Who is the founder of Apple
Steve Jobs
What are resources needed to begin a business
Money, product
The action or process of interacting with others to exchange information and develop professional or social contacts.
Networking
Entrepreneurs must know what to sell. What two things can businesses sell (not specific items)
a product and/or service
What is a risk
Taking a chance
What is all things used in producing goods and services
Resources, factories
What is profit
A financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something.
A specific group of people with shared characteristics that a business markets its products or services to.
Market
What is something an entrepreneur must know
regulations, the economy, the market, etc.
This is a risk of starting a business
Loss, failure
The action of becoming larger or more extensive
Expansion