Items that can be bought or sold
goods
The amount of money left after all business expenses have been paid.
Profit
An improvement of an existing product or method.
Innovation
The uses of machinery, equipment, and processes.
Technology
The things you like and enjoy.
Interest
Work done for others, like haircuts or car repairs.
services
The rivalry between two or more businesses striving for the same customer
Competition
The ability to do something well.
Skill
A group of jobs and industries related by skills or products.
Career Cluster
People who work for businesses.
Employees
A person who buys goods or services.
consumers
A person who takes a risk to start a business with the intent of earning a profit
Entrepreneur
People who do the work a business needs.
Businesses that hire workers.
Employers
A written summary, of a person's education, work experiences, and skills.
Resume
A person or business that makes goods or provides services.
Producers
Innovative thinking is needed to start and operate a business.
Entrepreneurship
Buildings, tools, machines, and money that businesses use to make products.
Capital resources
Personal attributes and abilities are needed in most jobs.
Soft Skills
Written or spoken exchanges between people to share information.
communication
A system in which goods and services are bought and sold freely with little government interference
Free Market Economy
Things businesses use to produce goods and services.
Resources
Things a business needs that occur naturally, such as air, water, minerals, and trees.
Natural Resources
Jobs projected to add large numbers of employees to the workforce.
High-growth, high-demand jobs
The discussion between a potential employee and employer help decide if a job is a good match.
Job interview