STEN 1000 Chapter 15: Chapter 15 Key Terms
Document Summary
Entrepreneur a person who starts a business and is willing to accept the risk associated with investing money, in order to make money. Litmus test an individual whi provides capital to a business venture for start-up or expansion purposes. a process or something that is used to make a judgment or draw conclusions about the acceptability of an opinion. Cash flow positive the point where cash inflows finally exceed cash outflows. Start-up costs the initial capital investment required to launch a new business or product venture. a framework for assessing the full capital requirements of a business venture. Undercapitalization situation where a company lacks the required funding to continue business activities. Organic growth growth that comes from an organization"s existing business portfolio. Ebitda refers to the proess of acquiring another company or operation. maxmization of a productivity and efficiency through the combining of resources. earnings before interest and taxes + depreciation expense + amortization expense.