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Business Chapter 6
Person who identifies a business opportunity and allocates available resources to tap that market.
Person who starts one business, runs it, and then starts and runs additional businesses in succession.
Entrepreneurially oriented person whose develops innovations within the context of a large organization.
Manager who revitalizes an established firm to keep it competitive.
Person who starts a business to reduce work ours and create a more relaxed lifestyle.
Initial funding needed to launch a new venture.
Borrowed funds that entrepreneurs must repay.
Funds invested in new ventures in exchange for part ownership.
Business organizations or groups of private individuals that invest in new and growing firms in exchange for an ownership share.
Wealthy individuals who invest directly in anew venture in exchange for an equity stake.