ENTREPRENEURSHIP

4. A ____ risk is one where the risk-taker makes a realistic estimation of the likelihood of the venture being a success.
10. successful businessman have perseverance and_____.
11. what ensures maximum use of all reasources?
13. motivation through financial means is called_____ benefits.
15. money made from providing a good or service
17. ---- refers to activities a company undertakes to promote the buying or selling of a product or service.
18. involves alot of ____ so entrepreneurs can either make or lose alot of money.
21. Costs for supplies used in business expenses result when income is greater than expense
22. tool that involves performing a critical analysis of one's own goals, interests, skills, and experience.
25. a marketing tactic involving paying for space to promote a product, service, or cause.
26. relationship between two companies that helps both companies reach their goals is known as strategic____
27. a complete description of a business and its plan for tge next 1-3 years is called a business___.
28. a person that puts money into a project with the hope of eventually receiving profit

1. this absolutely necessary to start a business
2. _____ is the function in a business responsible for acquiring funds for the firm, managing funds within the firm, and planning for the expenditure of funds on various assets.
3. an organization dedicated to supporting new business ventures
5. marketing plays a vital role in____ the success of an enterprise.
6. This registers a person’s invention and allows him or her to take legal action against any person who uses, makes, imports or sells that invention without permission
7. The event where a product or service is released to the public market.
8. Creative method that involves coming up with a large number of fresh idea.
9. a characteristic an entrepreneur should posses which involes turing the ideas into reality.
11. Skill --- is arange of skills a person has that enables them to perform a particular job.
12. Who is appointed on the basis of their performance,skills and service?
14. Another term for a business
16. The process of coming up with new ideas
17. The difference between the selling price of a product or service and its costs.
19. you must evaluate business___ by asking yourself smart questions.
20. Entrepreneurship is often credited with causing _____growth and creating employment
23. A --- chain is a network between a company and its suppliers to produce and distribute a specific product to the final buyer
24. a person who owns,operates, and takes the risk of a business venture