Business Vocabulary

3. a person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so/someone who takes a calculated risk to create a new business, often by innovating a new solution to a problem or need
5. a regular payment made during a person's retirement from an investment fund to which that person or their employer has contributed during their working life.
6. an authorization granted by a government or company to an individual or group enabling them to carry out specified commercial activities, e.g., providing a broadcasting service or acting as an agent for a company's products.
7. the study of morality and the system of principles that guide people's decisions and actions
9. Cooperation creates real value in society – for yourself and others.
10. Use economic thinking to create the greatest benefit while using the least resources.
13. a person who receives a pension
14. Seek and use the best knowledge, drive change that benefits others, and exemplify humility and intellectual honesty.
16. obtain a financial advantage or benefit, especially from an investment.
17. Find fulfillment in your life by improving the lives of others.
18. a city or town that has corporate status and local government.
19. Take ownership of your own life. No one will ever be as concerned about your own success as you.

1. Approach everything in life as a reason to improve; recognize and seize what life has to offer.
2. Always act with courage, respect, and toleration.
4. the activity of setting up a business or businesses, taking on financial risks in the hope of profit.
8. a document setting out a business's future objectives and strategies for achieving them.
11. instances where there is a single seller of a good in a market.
12. Respect the rights of others and study the links between freedom, entrepreneurship, and societal well-being.
15. specific rules and regulations for pieces of land divided into “zones” by the government or a municipality. A zoning law, or zoning ordinance, dictates acceptable methods of land use for real property inside zoning districts.