Question: Match the term with its definition. a . bootstrap b . entrepreneur c . entrepreneurial legacy d . entrepreneurial team e . franchisee f .
Match the term with its definition.
a bootstrap
b entrepreneur
c entrepreneurial legacy
d entrepreneurial team
e franchisee
f lifestyle business
g intrapreneurship
h paradigm shift
i small business
j technician personality
Material assets and intangible qualities passed on to both heirs and society
A process within an existing corporation involving an employee who assumes the responsibility for taking a new idea and converting it into a profitable product, service, or a process
Two or more people who work together as entrepreneurs on one endeavor
A change in how we fundamentally see a situation
A person willing to create value, in either a new or an existing business, while assuming both the risks and the reward for his or her efforts
A business with growth potential that is small compared to large companies in an industry, has geographically localized operations, is financed by only a few individuals, and has a small management team
An entrepreneur whose power is limited by a contractual relationship with a franchising organization
A personality that focuses on an already developed technical skill, wants to be left alone to get the job done, and is primarily concerned about the present
A microbusiness that permits the owner to follow a desired pattern of living
Doing more with less in terms of resources invested in a business, and, where possible, controlling the resources without owning them
What purpose does a business plan serve?
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