vocab for e-ship yay!!!!!!!

definitions

100

what is networking 

• "Making business connections to build relationships, learn more, grow your business, or help the community; also means linking computers together."

200

what is Outsourcing

hiring another business to handle certain jobs for you, like accounting, payroll, IT support, or advertising.

300

 what is Partnership

Two or more individuals who operate a continuing business for profit. A partnership is legally regarded as a group of individuals rather than as a single entity, and each of the partners file their share of the profits on their individual tax returns.

400

what is Patent

A property right granted to an inventor to exclude others from making, 

500

what is Planning

A detailed method, formulated beforehand, for managing a business.

definitions

100

what is Public Relations (PR)

• The deliberate promotion of a specific image for a business. 

200

what is Sales

• The exchange of a product or service for money. Also refers to the profession of that activity or a department within a company that performs that activity.

300

what is SCORE

• Service Corps of Retired Executives provides counseling advice for small businesses.

400

what is Small Business Administration (SBA)

The U.S. agency charged with "providing customer-oriented, full-service programs and accurate, timely information to the entrepreneurial community".(SBA)

500

what is Sole Proprietorship

• A business owned and operated by one person.

definions/fun question

100

what is Strategic Alliance

• An ongoing relationship between two businesses in which they combine efforts for a specific purpose.

200

what is Trademark

• A form of legal protection for words, names, symbols, sounds, or colors that distinguish goods and services. Trademarks, unlike patents, can be renewed forever as long as they are being used in business.

300

what is  Venture Capital (VC)

• A form of financing for a company in which the business gives up partial ownership and control of the business in exchange for capital over a limited time frame, usually 3-5 years. Investments typically range from $500,000 to $5 million, although there are occasionally VC investments for as low as $50,000 or as high as $20 million.

400

what is E-ship

teaches you a way of thinking that empowers individuals to take initiative, embrace challenges, and see opportunities where others see obstacles.

500

What does E-ship stand FOR

entrepreneurship

guess the word by the definitions

100

teaches you a way of thinking that empowers individuals to take initiative, embrace challenges, and see opportunities where others see obstacles.

e-ship

200

• The exchange of a product or service for money. Also refers to the profession of that activity or a department within a company that performs that activity.

sales

300

The U.S. agency charged with "providing customer-oriented, full-service programs and accurate, timely information to the entrepreneurial community".

 Small Business Administration (SBA)

400

Purchasing standard operational services from another business. Outsourced services typically including accounting, payroll, IT, advertising, and more.

 Outsourcing

500

• A form of financing for a company in which the business gives up partial ownership and control of the business in exchange for capital over a limited time frame, usually 3-5 years. Investments typically range from $500,000 to $5 million, although there are occasionally VC investments for as low as $50,000 or as high as $20 million.

 Venture Capital

guess the word

100

A property right granted to an inventor to exclude others from making, using, offering for sale, or selling the invention for a limited time in exchange for public disclosure of the invention when the patent is granted.

patent

200

 detailed method, formulated beforehand, for managing a business.

sales

300

• Developing business contacts to form business relationships, increase your knowledge, expand your business base, or serve the community. Also used to describe linking computers systems together.

networking

400

Two or more individuals who operate a continuing business for profit. A partnership is legally regarded as a group of individuals rather than as a single entity, and each of the partners file their share of the profits on their individual tax returns.

parther ship

500

• The deliberate promotion of a specific image for a business. Often confused with publicity which is simply the materials used in a specific part of a public relations effort.

 Public Relations