Principles of Business, Unit 2: Chapter 6

This list focuses on entrepreneurship and small business management (Unit 2, Chapter 6).

Here are links to all the chapters of Unit 2, Business Organization and Management: Chapter 5, Chapter 6, Chapter 7, Chapter 8, Chapter 9

Here are links to all the units of the business textbook published by South-Western Cengage Learning: Unit 1, Unit 2, Unit 3, Unit 4
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Full list of words from this list:

words only definitions & notes
  1. entrepreneur
    someone who organizes a business venture
  2. finance
    obtain or provide money for
  3. innovation
    a creation resulting from study and experimentation
  4. improvement
    a change for the better; progress in development
  5. administration
    the group of people who manage or direct an institution
  6. private
    confined to particular persons or groups
  7. sector
    a particular aspect of life or activity
  8. plan
    a series of steps to be carried out or goals to be achieved
  9. term
    a limited period of time during which something lasts
  10. performance
    process or manner of functioning or operating
  11. quality
    a degree or grade of excellence or worth
  12. security
    the state of being free from danger or injury
  13. consultant
    an expert who gives advice
  14. analyst
    someone who is skilled at interpreting data
  15. client
    someone who pays for goods or services
  16. unique
    radically distinctive and without equal
  17. characteristic
    a trait that sets someone or something apart from others
  18. competitive
    subscribing to capitalistic belief in the free market
  19. creative
    having the ability or power to invent or make something
  20. energetic
    working hard to promote an enterprise
  21. independent
    free from external control and constraint
  22. inquisitive
    showing curiosity
  23. persistent
    stubbornly unyielding
  24. reliable
    able to be depended on; consistent or steady
  25. self-confident
    showing poise and assurance in your own worth
  26. initiative
    readiness to embark on bold new ventures
  27. integrity
    moral soundness
  28. ambiguity
    unclearness by virtue of having more than one meaning
  29. tolerance
    the capacity of an organism to bear unfavorable conditions
  30. failure
    lack of success
Created on October 20, 2016 (updated October 27, 2016)

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