Intro to Entrepreneurship

A business model where and individual or group is granted the right to use a companies brand and operating methods to market their products or services in a specific area

• Non-Profit

• Franchise

• Start up

• Acquisition

A legal agreement between two companies to combine into a new entity

• Merger

• Acquisition

• Franchise

• Start up

A financial transaction where one company buys another company either in part or in whole to gain control of it's operations

• Merger

• Franchise

• Non-Profit

• Acquisition

A newly formed business with particular momentum behind it based on perceived demand for it's product or service

• Non-Profit

• Merger

• Start up

• Franchise

Not for profit organizations also known as non-profits are typically charities or organizations that operate for scientific religious or public safety purposes.

• Non-Profit

• Franchise

• Acquisition

• Start up

The activity of setting up a business or businesses, taking on financial risks in hopes of profit.

• Innovation

• Entrepreneurship

• Entrepreneur

• Start-up

The process of translating an idea or invention into a good or service that creates value or for which customers would pay.

• Entrepreneurship

• Entrepreneur

• Innovation

• Start up

An individual who creates and manages a business taking on financial risks in hope of a profit.

• Entrepreneurship

• Innovation

• Start up

• Entrepreneur

Which steps should an entrepreneur take to go into business. (Choose all that apply)

• Manufacture/Create

• Marketing

• Develop a Business Plan

• Funding

What are the Rams Core Values that every student should exhibit? (Choose all that apply)

• Respect

• Responsibility

• Perseverance

• Kindness