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SBE Comp 2 Vocabulary

AB
EntrepreneurAn individual who undertakes the risk associated with creating, organizing and owning a business
Mom and PopA business that is generally started to create jobs for the owners
Mission statementA written description of the purpose of a company and the management's philosophy
OpportunityAn idea that has commercial value
ManagerAn employee who coordinates people, processes, and other resources of a business in order for the business to achieve success and make a profit
VentureA business undertaking that involves risk
Business planA proposal that dexcribes a new business and is presented to potential investors and lenders
EthicsThe study of moral choices and values
InquisitivenessAsking many questions and conducting research when attempting to solve problems related to a business
Human relations skillsAbility to get along with employees, make customers feel wecome, and maintain a working relationship with business associates


Business Ed/Marketing Teacher
East Surry High School
Pilot Mountain, NC

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