| A | B |
| business | organization that produces or distributes a good or service for profit |
| commercial businesses | marketing, finance, or furnishing services firms |
| entrepeneur | person who starts, manages, and owns a business |
| franchise | company and distributor agree to sell product-service under special conditions |
| franchisee | distributor of franchised product or service |
| franchisor | parent company of franchise providing product or service |
| industrial businesses | firms that produce goods for other business to make things |
| industry | word often used to refer to all business in a category |
| intrapreneur | employee given funds and freedom to create dept within company for new idea |
| service businesses | firm of skilled workers providing assistance to satisfy specialized needs |
| small business | firm operated by one or a few individuals |