Ch. 1.2 Vocabulary & Notes
Entrepreneurship
The Entrepreneurial Start-Up Process
Entrepreneurial Start-Up Process
The Entrepreneur
The Environment
The Opportunity
Start-up Resources
New Venture Organization
Specially designed areas of a community that provide tax benefits to new businesses locating there
Enterprise Zones
An idea that has commercial value
Opportunity
Capital Labor Advice Management Facility Equipment Customers
Start-Up Resources
Written plan or infrastructure that organizes the business
New Venture Organization
A business that has stopped operating with a loss financially
Business Failure
When a business begins operating under a new name
Discontinuance
Any technology that is used to communicate or exchange information
Information Technology (IT)
Includes all hardware and software used to support electronic communication
Technology Infrastructure
Doing business over an electronic network
E-business
Selling products and services over the internet
E-commerce