A | B |
online business | company that conducts business by means of the internet |
business broker | Someone whose job is to bring buyers and sellers together |
outsourcing | Contracting with other companies for services |
strategic alliance | Forming a partnership with another company |
corporate venture | New venture started inside a large corporation |
innovation | Finding new ways of doing things |
niche | Small specialized market |
brainstorm | Think freely to generate ideas |
demographics | Personal characteristics that describe a population |
trade magazine | Periodical published for specific types of businesses or industries |
specialty magazine | Periodical that targets people with special interests in sports, camping, fashion, and a variety of other areas |
trade show | Place where vendors and manufacturers introduce new items and promote established products and services |
values | These define who you are, shape your attitudes and your choices, and help you identify your priorities |
goodwill | Loyalty of customers who continue to shop at a business after new ownership has taken over |
franchise | Legal agreement to begin a new business in the name of a recognized company |
franchisee | The buyer of the franchise |
franchisor | The seller of the franchise |
services | Intangible things that businesses do for us that enhance our lives |