Unit 1 -- Entrepreneurial Search
pop up business
A temporary business that offers services or products in a variety of locations for a brief period at a time.
logical (aptitude)
applying reason or logic to problems
clerical (aptitude)
arranging and recording number and letter combinations
physical (aptitude)
bodily strength and coordination, manual dexterity
government contractor
business that produces goods or services under contract of the government
wholesaling business
buys goods in large quantities, typically from manufacturers, and resells them in smaller batches to retailers.
retailing business
buys goods, often from wholesalers, and resells them directly to consumers, who are the end buyers.
manufacturing business
buys raw materials and transforms them into finished products
experiences
knowledge and skills acquired through watching or being involved in an event
proprietorship
one owner of a business
intellectual (aptitude)
original thinking, seeking knowledge, thinking ahead
service business
performs an activity for a fee
organizational (aptitude)
planning, implementing, evaluating
entrepreneurship
self-employment
trait
specific characteristic of an individual
corporation
stockholders are owners of a business
numerical (aptitude)
working with numbers
verbal or nonverbal communication (aptitude)
written or spoken words or actions that communicate ideas, emotions or events
franchise
A business established or operated under an authorization to sell or distribute a company's goods or services in a particular area
artistic (aptitude)
creativity, using artistic/musical/dramatic talents
goal-oriented (trait)
to aim your efforts toward a desired end
responsible (trait)
to be answerable for one's conduct and obligations
independent (trait)
to be free to choose one's own actions
efficient (trait)
to be productive without haste
impatient (trait)
to become restless when delayed
risk taking (trait)
to chance the possibility of loss
determined (trait)
to continue trying until the problem is solved
creative (trait)
to design or make something new
leader (trait)
to direct and manage activities
learning-oriented (trait)
to gain skill through experience
resourceful (trait)
to meet the demands of unexpected situations
self-confident (trait)
to see yourself as talented and able
partnership
two or more owners of a business
spatial (aptitude)
understanding how parts of things fit together, multidimensional
mechanical (aptitude)
understanding relationships between parts of machines, making things work
verbal comprehension (aptitude)
understanding the meanings of ideas or emotions in verbal and nonverbal communication
