The possibility that an enterprise will have lower than anticipated profits or experience a loss
risk
1 of 20
the money that an entrepreneur or investor receives when a business succeeds
financial reward
2 of 20
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
market research
3 of 20
A prediction of future revenue based on expected sales; this is either a judgement or based on previous sales experience
revenue forecast
4 of 20
The amount of money coming in and going out of a business and the timing of this movement
cash flow
5 of 20
The amount of money that comes in from a business’s sales
sales revenue
6 of 20
putting money into a business with the intention of making a profit
investment
7 of 20
A new business, usually with only a small number of employees – perhaps only one
start up
8 of 20
Knowing something instinctively or understanding something easily without conscious thought
intuition
9 of 20
Using mobile technologies, such as smartphones and tablets, to carry out business transactions
m-commerce
10 of 20
Using the internet to carry out business transactions
e-commerce
11 of 20
Someone who buys products/services from a business
customer
12 of 20
Someone who uses products/services
consumer
13 of 20
enable businesses to take online payments from customers. They are usually free for the customer to use, but take a small amount of commission from the seller
payment platform
14 of 20
Out of date or not used anymore
obsolete
15 of 20
Websites that allow users to interact with other users, by sharing text-based messages, pictures or links to online content
social media
16 of 20
The activities involved in buying and selling particular types of goods or services, in competition with other companies
market place
17 of 20
Relating to the population, such as average age, average income and so on
demographic
18 of 20
Entrepreneurial activity (can also mean a business or company)
enterprise
19 of 20
Someone who creates a business, taking on financial risks with the aim of making a profit
entrepreneur
20 of 20
Other cards in this set
Card 2
Front
the money that an entrepreneur or investor receives when a business succeeds
Back
financial reward
Card 3
Front
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
Back
Card 4
Front
A prediction of future revenue based on expected sales; this is either a judgement or based on previous sales experience
Back
Card 5
Front
The amount of money coming in and going out of a business and the timing of this movement
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