Business Start Up Vocabulary

12345678910111213
Across
  1. 6. open ended question that prompts more than a "Yes" or "No" answer.Engaging questions give entrepreneurs more information they can use to help them frame their differentiating offering and launch their business.
  2. 10. when an entreprenuer's actions and decisions are guided by a set of beliefs about he/she wants the business to succeed.
  3. 12. non-physical assets created by individuals or companies that hold the exclusive legal right to commercialize.
Down
  1. 1. Voluntary actions entrepreneurs and companies take that go beyond their financial self-interest.
  2. 2. treating stakeholders as the entrepreneur would hope others would treat him/her.
  3. 3. a situation in which an individual might take an action to his/her advantage that would be to the disadvantage of a person or company that believes this individual is serving them.
  4. 4. clear,concise and compelling way to describe a business or new business concept in 30 seconds;a diffrentiating vision to encourage potential investors or employees to learn more.
  5. 5. individuals and companies often promise to keep information they learn secret.Commonly formalized as an NDA.
  6. 7. how a business communicates to large numbers of customers,motivating them to learn more about the business and its offerings.
  7. 8. the practice of operating openly and communicating fully,providing stakeholders with a clear understanding of how your enterprise operates.
  8. 9. the decision point at which an entrepreneur makes the final decison on whether or not to launch a new enterprise or abort the effort due to unfavorable market research or pro forma projections.
  9. 11. ethics proper business behavior beyond complying with legal requirements.A simple rule guides business ethics saying, one should act towards your stakeholders as you would hope they would act towards you.
  10. 13. plan a complete package that supports a "Go" decision by an entrepreneur to launch a new business.