Business 101 Day 2

Business 101
Business Vocabulary

Writing Assignment: Vocabulary Definitions


Take out a blank sheet of paper or use the Essay Application in your student account.

Write the heading “Business Vocabulary Definitions” at the top.

Create a numbered list from 1 to 20.

Write a sentence or short paragraph for each vocabulary word, using its definition to explain its meaning in your own words.

Make sure to use proper grammar, punctuation, and clear explanations.


Entrepreneurship: Entrepreneurship is the process of starting and running a business, taking risks, and being innovative in pursuing opportunities.

Business plan: A business plan is a detailed document that outlines the goals, strategies, and financial projections of a business, providing a roadmap for its success.

Marketing: Marketing involves activities such as advertising, market research, and promotion to attract customers, create awareness, and generate demand for products or services.

Sales: Sales refer to the process of selling products or services to customers, involving building relationships, pitching, and closing deals to generate revenue.

Leadership: Leadership is the ability to guide and influence others to achieve common goals, making strategic decisions, inspiring teamwork, and driving organizational success.

Remember to write a clear and concise definition for each vocabulary word, using your own understanding and words to demonstrate comprehension. This writing assignment will not only reinforce your knowledge but also help you practice expressing complex concepts in a simple and understandable way.

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