Key terms

2. information, particularly statistics, that can be collected and analysed.
3. the money that an entrepreneur or investor receives when a business success
5. entrepreneurial activity (can also mean a business or company)
8. websites that allow users to interact with other users, by sharing text-based messages, pictures or links to online content.
9. the amount of money coming in and going out of the business and the timing of this movement.
10. someone who buys and uses goods and services.
11. out of date or not used anymore.
13. using mobile technologies, such as smartphones and tablets, to carry out business transactions.
14. someone who creates a business, taking on financial risks with the aim of making a profit from the business.

1. enable businesses to take online payments from customers
4. the process of gathering information about the market and customers' needs and wants in order to help inform business decisions, including product design and marketing
5. using the internet to carry out business transactions.
6. the amount of money that comes in from a business's sales.
7. the activities involved in buying and selling particular types of goods or services, in competition with other companies.
12. relating to the population, such as average age, average income and so on.
15. the possibility that an enterprise will have lower than anticipated profits or experience a loss.