Entrepreneurship 2 H: Unit 1 Vocab

Unauthorized use of another's patent.

• copyright infringement

• trademark infringement

• patent infringement

a business's concern for society's welfare

• ethics

• business sustainability

• nepotism

• corporate social responsibility

favoritism shown to family or friends by those in power, especially in business or hiring practices

• nepotism

• puffery

• management risk

• career risk

a formal written document that describes the nature of a business and how it will operate

• management plan

• business plan

• risk management plan

• organizational chart

exaggerated or false praise

• nepotism

• industry risk

• emotional risk

• puffery

Unauthorized use of another's mark

• copyright infringement

• trademark infringement

• patent infringement

a wise and trusted guide and advisor

• mentor

• vendor

• staff

• management

a business plan that divides a company into different departments run by different managers

• risk management plan

• business sustainability

• business plan

• management plan

An organizational structure that has only a few levels of management

• line organizational structure

• flat organizational structure

• tall organizational structure

• management plan

Business or industry structure with self-contained departments

• tall organizational structure

• line organizational structure

• flat organizational structure

• business sustainability