People & Roles
A person who starts and runs a business, taking on financial risk.
What is an Entrepreneur?
A business agreement where two or more parties share money, risk, and profit.
What is a Joint venture?
The part of the economy owned and run by individuals or companies. 2 words, starts with P
What is the Private sector?
To give a task or responsibility to another person. Starts with D
What is to Delegate?
Clean and safe from germs or disease. Starts with H
What is Hygienic?
The people who work for a company or organization. Starts with P
What is Personnel?
A company owned by private individuals where shares are not sold to the public. 3 words, starts with P
What is a Private Limited Company (LTD)?
An economy where prices are set by supply and demand without government control. 2 words, starts with F
What is a Free market?
To depend on someone or something for support or help. Starts with R
What is to Rely?
Based on logic and clear thinking rather than emotion. Starts with R
What is Rational?
A person who buys goods or services for personal use. Starts with C
What is a Consumer?
An organization that helps people in need. Starts with C
What is a Charity?
The part of the economy run and controlled by the government. 2 words, starts with P
What is the Public sector?
To organize people or activities so they work together well. Starts with C
What is to Coordinate?
Able to continue long-term without harming the environment. Starts with S
What is Sustainable?
People or organizations that own stocks in a company. Starts with S
Who are Shareholders?
A business that aims to solve social or environmental problems, not just make profit. Starts with S
What is a Social enterprise?
An economy that combines free markets with government control. 2 words, starts with M
What is a Mixed economy?
An educated estimate of future business conditions, like sales. Starts with F
What is a Forecast?
Physical and real; able to be touched or seen. Starts with T
What is Tangible?
A person with a long-term physical or mental condition affecting daily life. Starts with D
Who is a Disabled person?
Buying the right to use another company's brand name and products. Starts with F
What is a Franchise?
A customer need that no existing business is fully meeting. 4 words, starts with G__ __ ___ M______
Gap in the Market
To increase something to the greatest possible level. Starts with M
What is to Maximize?
Old-fashioned; no longer useful or up to date. Starts with O
What is Outdated?