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Business Chapter 5

AB
EntrepreneurshipA business started by someone who notices a need for a product or service.
Virtual Business or dot-com companyIs a business that operates on the internet.
EntrepreneurA person who reconizes a business opportunity and organizes, manages, and assumes the risk of a business enterprise.
Risk Takersomeone who likes to take risk.
ProfitThe money left over after a business has paid all costs of producing its goods and services.
Small BusniessAn independently owned business that usually has the owner as its manager.


Personal and Business Finance
Dobyns-Bennett High School

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