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EBT Unit 3.0 Vocabulary Review 1 of 3

AB
EntrepreneurAn individual who undertakes the risk associated with creating, organizing, and owning a business
EntrepreneurshipThe process of starting and operating one's own business
Business EthicsApplying principles of right and wrong to situations in the workplace
Code of EthicsA systematic set of rules and procedures used to guide the behavior of an individual, a business, or a culture
InnovationA new or different product
Mission StatementA written description of the purpose of a company and the management's philosophy
OpportunityAn idea that has commercial value
Small BusinessSometimes referred to as "mom and pop" businesses


Inheritance Changers University
Charlotte, NC

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