Assignment A

4. type of personality characterized by a high energy level and willingness to take risks
5. examples of these types of corporations that do international business include Walmart and Exxon
7. one form of business financing where funds raised through the sale of stock (i.e., ownership) in the business
10. capitalists, investment firms that specialize in financing small, high-growth companies
11. plan, formal written statement that describes in detail the idea for a new business and how it will be carried out
12. entrepreneurs who start a series of companies
15. than starting a company of their own
17. a 1993 agreement creating a free-trade zone including Canada, Mexico, and the United States
20. person who takes the risk of starting and managing a business to make a profit
21. one key element/part of a business plan

1. rate, price of one country’s currency in terms of another country’s currency
2. practice of charging a lower price for a product (perhaps below cost) in foreign markets than in the firm’s home market
3. surplus, when a country exports more than it imports and has a favorable balance of trade
6. goods and services that are bought from other countries
8. benefit of being an entrepreneur or small business owner
9. trade, a policy of permitting the people of a country to buy and sell where they please, without restrictions
13. goods and services made in one country and sold to others
14. government agency that helps people start and manage small businesses, advises them in the areas of finance and management, and helps them win federal contracts
16. existing business, less risky approach to small business ownership
18. a tax that makes imported goods more costly, so they are less able to compete with domestic products
19. entrepreneurs who apply their creativity, vision, and risk-taking within a large corporation,