Glossary – Unit 2: Forms of Entrepreneurship

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This glossary highlights the main concepts discussed in Unit 2: Forms of Entrepreneurship, such as new ventures, business acquisition, and intrapreneurship.

🔍 It will help you:

  • Clarify distinctions between different entrepreneurial pathways

  • Familiarize yourself with related terms used in real-world contexts

  • Engage in class activities and forum discussions with more confidence

Browse the glossary using this index

Special | A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z | ALL

B

Business Acquisition

Buying an existing business to continue or improve its operations.

E

Entrepreneurial Pathway

The specific route an individual takes to become an entrepreneur.

F

Franchise

A business model where an entrepreneur operates a branch of an established brand.

I

Intrapreneurship

Entrepreneurial behavior and innovation within an established company.

N

New Venture Creation

Starting a business from scratch based on a novel idea.

S

Scalability

  • The ability of a business to grow rapidly and manage increased demand.

Startup

A newly created business aiming for innovation and scalability.