Entrepreneurship Vocabulary
It is a formal document that a job applicant creates to itemize their qualifications for a position.
Resume
It is the relationship between two or more people to do trade or business.
Partnership
A practice of individuals or organizations. It allows them to sell products or services to other companies or organizations that resell them, use them in their products or services or use them to support their works.
Market
The action of helping or doing work for someone.
Service
It is a written document commonly submitted with a job application outlining the applicant's credentials and interest in the open position.
Cover Letter
This person is is a merchant, is an entity that sells goods such as clothing, groceries, or cars directly to consumers through various distribution channels with the goal of earning a profit.
Retailers
Income, especially when of a company or organization and of a substantial nature.
Revenue
The cost required for something; the money spent on something.
Expenses
Working Capital
This person is essentially a middleman between a manufacturer and a retail establishment. They obtain large quantities of products at a lower price
Wholesalers
The unit based on which the product is normally sold. It varies by product and company but is typically smaller than secondary manufacturers.
Unit Of Sale
A rivalry between 2 people
Competition
A computer network in which the computers connected may be far apart, generally having a radius of half a mile or more.
Wide Area Network
A person or company that makes goods for sale
Manufacturer
A particular group of consumers at which a product or service is aimed.
Target Market
A useful or valuable thing, person, or quality.
Assets
It is the level of production at which the costs of production equal the revenues for a product.
Break Even Point
A person or thing that provides a service or commodity.
Server
A company or group of people authorized to act as a single entity (legally a person) and recognized as such in law.
Corporation
A document setting out a business's future objectives and strategies for achieving them.
Business Plan