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Entrepreneurship Vocabulary

AB
entrepreneurA person who starts a business and is willing to risk loss in order to make money
employeeA person employed for wages or salary.
entrepreneurshipthe pursuit of opportunity without regard to resources currently controlled.
businessthe activity of making, buying, selling or supplying goods or services for money.
expenseo The economic costs that a business incurs through its operations to earn revenue.
revenuethe amount of money that is brought into a company by its business activities.
profitmoney a business makes after accounting for all the expenses
marketingan organizational function and a set of processes for creating, communicating, and delivering value to customers and for managing customer relationships in a ways that benefit the organization and its stakeholders.



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