Vocabulary
The action of leading a group or people or an organization.
Leadership
The 3 sources of innovative ideas.
Passions, Complaints, and Ego
A person who organizes, manages, and assumes risks of a business or enterprise.
Entrepreneur
A business that originates from something you love doing or have an interest in, comes from your:
Passions
Relating to or characterized by competition.
Competitive
A person or organization that buys goods or services from a store or business.
Customer
3 ways businesses are classified.
Where does a business idea come from, when you you know you can solve problems with it?
Complaints
Something that is done in a new way or that has never been done before.
Innovation
Persons or organizations that provide something needed such as a product or service. (In Spanish, “proveedores”).
Suppliers
What are the 4 business sizes?
Where does a business idea come from, when you you know you can do it better than what already exists?
Ego
The action or process of interacting with others to exchange information and develop professional and social contacts.
Networking
Businesses that compete with your business because they are similar in size and sell similar products or services to similar type of customers.
Competitors
Types of Capital ($) in Business Classification.
Public & Private
An example of an Entrepreneur whose business originated from her passions.
Chiara Ferragni
The ability to recover from obstacles and keep going in the face of adversity.
The total amount of money a business makes after subtracting all of its costs.
Profit
An organization that generates goods, products, or services and commercializes them to obtain a profit.
Business
The creator of ____, Blake Mycoskie, started his business because of his belief that all children should have access to shoes.
TOMS Shoes