Essential Vocabulary Weeks 1-7

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Across
  1. 1. Acting in ways that balance a business’s profits and growth with the good of society
  2. 4. A strategic management and lean startup template for developing new business models
  3. 8. Short statement that summarizes all the benefits a company gives to its customers
  4. 12. Describes why a company exists and guides a company’s organization, work, and actions
  5. 13. Describes a quality or behavior of a person
  6. 15. The practice of seeing and experiencing problems as opportunities to create solutions
  7. 17. A source of perplexity, distress, or vexation
  8. 18. Moral principles applied to business issues and actions
  9. 21. A way of doing business where producers in developing countries are allowed better trading conditions
  10. 22. Set of moral principles that govern decisions and actions
  11. 24. Status of creative works for which the copyright or patent has expired
  12. 26. An action or process of solving a problem
  13. 28. A social skill that helps you better understand the emotions, intentions, thoughts, and needs of others so that you are in better position to develop value solutions
  14. 29. Situation in which personal considerations and professional obligations interfere with each other
  15. 30. Artistic and industrial creations of the mind
  16. 34. Violating a copyright or patent holder’s rights
  17. 35. Meeting the planet’s current needs while preserving resources for future generations
  18. 36. Someone who creates and runs their own business
  19. 37. An ability that’s learned through training and practice
Down
  1. 2. A company that operates not to provide profit for its shareholders but exists to have some positive impact on society
  2. 3. The ability to clearly express ideas to an intended audience, including persuading others to work towards a common goal
  3. 5. and Innovation The ability to think of ideas and create solutions to problems without clearly defined structures
  4. 6. The chance of losing something or having a negative outcome
  5. 7. A guide of principles that helps a business operate against its moral philosophies
  6. 9. A methodology used by designers to solve complex problems and find desirable solutionsfor clients. The steps in human-centered design thinking are: Empathize, Interpret, Ideate, MVP Prototype, Test and Evolve
  7. 10. Doctrine that provides for the limited quotation of a copyrighted work without permission from or payment to the copyright holder
  8. 11. A limited number of customers within a target market grouped by shared common characteristics. Many entrepreneurs will do this for specific marketing purposes
  9. 14. The power to take ownership of a project without input or guidance and work through obstacles independently
  10. 16. A blend of characteristics, attitudes, and skills that describe how successful entrepreneurs think and act; can be useful for everyone to develop an entrepreneurial mindset for their own lives and careers
  11. 19. Economic development that does not harm society or the environment. It ensures that human and natural resources are maintained for future generations
  12. 20. Businesses that have met rigorous standards of social and environmental performance, accountability, and transparency, that they have been certified by the nonprofit B Lab
  13. 23. Thinking and Problem Solving The process of applying higher-level, process-oriented thinking skills and transitioning that applied reasoning to support the application of decision-making
  14. 25. The capacity to move forward with a decision despite inevitable uncertainty and challenges
  15. 27. The ability and willingness to change actions and plans to overcome present and future challenges
  16. 31. An optimistic disposition with a focus on obtaining the skills and knowledge required to transition into a career
  17. 32. An organization that provides products or services, usually to make money
  18. 33. What entrepreneurs get in exchange for starting a business; can include money, personal satisfaction, independence, or positive impact on the economy/community