Question

Definitions - In a few words, define the following terms: (30 points) 1. Intrapreneur 2. Entrepreneur 3. Business Plan 4. Venture Capital 5. Angel Investor 6. Equity

Answer 1

1. Intrapreneur: Intrapreneur is an employee who is tasked to provide innovative idea to the organization. He works inside the organization to develop innovative ideas. He has the authority to access organizational resources to establish future plan for the company.

2. Entrepreneur: Entreprenerd is the one who has innovative business ideas and has the capability bear all the possible risks of a new business. The entrepreneur is an innovator of business ideas. He play pivotal role utilizing skills and initiatives to understand target market.

3. Business plan: Business plan is a written document which depicts future goals, aims and objectives of a business. It is a formal document which describes strategic outlook background information and financial projections.

4. Venture capital: Venture capital is the financial aid provided by the investors to the start-ups for long-term growth. Investment banks and various non-banking financial organizations provide venture capital to assist start up business.

5. Angel investor: Angel investors are highly valuable financial individual who provide financial assistance to start ups in exchange of equity.

6. Equity: Equity is an amount of money which are returned to the shareholders if the entire asset is liquidated and all market debts are clear. It is one of the most significant financial metrics which helps to assess the financial health of a company.