Standard 1 Vocabulary Flashcards

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Entrepreneur

Back

An individual who creates and/or invests in one or more businesses, bearing most of the risks and enjoying most of the rewards.

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Ethics

Back

Moral principles that govern a person's behavior or the conducting of an activity.

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Etiquette

Back

The customary code of polite behavior in society or among members of a particular profession or group.

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Globalization

Back

The process by which businesses or other organizations develop international influence or start operating on an international scale.

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Innovation

Back

The introduction of something new; a new idea, method, or device.

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Intrapreneur

Back

An employee of a large corporation who is given freedom and financial support to create new products, services, systems, etc., and does not have to follow the corporation's usual routines or protocols.

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Risk

Back

The possibility of loss or injury; a situation involving exposure to danger.

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Manager

Back

A person responsible for controlling or administering an organization or group of staff.

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Small Business Owner

Back

An individual who owns and operates a small business, typically with a small number of employees and limited revenue.

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Objectivity

Back

The quality of being objective, unbiased, and not influenced by personal feelings or opinions.