Entrepreneurship Terms: Part 1

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Across
  1. 2. A probability or threat of damage, injury, liability, loss, or any other negative occurrence that is caused by external or internal vulnerabilities, and that may be avoided through preemptive action
  2. 5. A legal document giving official permission to run a business
  3. 8. ____________ thinking: The objective analysis and evaluation of an issue in order to form a judgment.
  4. 10. A working model of the new product
  5. 13. A distinguishing feature or attribute of an item, person, phenomenon, etc., usually divided into three categories: (1) physical, (2) functional, and (3) operational.
  6. 14. Process of starting and managing one’s own business.
  7. 16. An individual who undertakes the creation, organization, and ownership of an innovative business with potential for growth; someone who starts with a brilliant idea and wants to make it happen
  8. 17. The ability to achieve economic, social and environmental goals without compromising the ability of future generations to meet their own needs
  9. 18. ____________ skills: The abilities and knowledge needed to perform specific tasks; practical, and often relate to mechanical, information technology, mathematical, or scientific tasks.
  10. 19. the ability to use one's knowledge effectively and readily in execution or performance; involving ideas (cognitive skills), things (technical skills), and/or people (interpersonal skills).
Down
  1. 1. System that allows an employee to act like an entrepreneur within a company or other organization. Employees who are self-motivated, proactive, and action-oriented people who take the initiative to pursue an innovative product or service.
  2. 3. ___________ entrepreneurship: A type of business and/or entrepreneur that recognizes a social problem and uses entrepreneurial methods to create, organize, and manage a venture to address it.
  3. 4. Legal protection of an invention or process granted by government to its owners for a certain number of years. It will prohibit others from copying, making, or selling the process or invention.
  4. 6. ____________ skills: The measure of a person's ability to operate within business organizations through social communication and interactions
  5. 7. The activity of making, buying, or selling goods or providing services in exchange for money
  6. 8. The use of the imagination or original ideas, especially in the production of an artistic work.
  7. 9. A new business undertaking that involves risk; starting up a new, risky business
  8. 11. The benefit achieved when companies mitigate their risk and earn income from their operations
  9. 12. ________ skills: The core skills your brain uses to think, read, learn, remember, reason, and pay attention.
  10. 15. _________ planning: Structured exercise undertaken to identify one's objectives, marketable skills, strengths, and weaknesses, etc.,as a part of one's career management.