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EC014/EC903 GLOSSARY TERMS 2

AB
Employee assistance programA project organized and sponsored by a company to help its employees
EntrepreneursPeople who assume the risks of starting and operating businesses
EntrepreneurshipStarting and building a business
Factors of productionProductive resources; human and natural resources and capital goods; also known as economic resources
Financial capitalMoney needed to operate a business
FlextimeA scheduling procedure in which employees select their own working hours as long as they work the required number of hours
Fossil fuelsNonrenewable, carbon-based energy sources formed underground from the fossilized remains of plants and animals
Generation XA term used to refer to individuals who were born between the years 1965 and 1980; also known as Gen X


Business Marketing Teacher, Career Technical Education
CENTRAL CABARRUS HIGH SCHOOL
Concord, NC

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