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A demographic group of Canadians that were born in the period from 1980 to 1995: the children of the baby boomers.
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A demographic group of Canadians that were born in the period from 1947 to 1966.
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Any activity that seeks to provide goods and services to others while operating at a profit.
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The surrounding factors that either help or hinder the development of businesses.
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An electronic storage file where information is kept; one use of databases is to store vast amounts of information about customers.
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The statistical study of the human population with regard to its size, density, and other characteristics such as age, race, gender, and income.
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Any information system or application that empowers business processes.
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The buying and selling of goods and services over the Internet.
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Giving front-line workers the responsibility, authority, and freedom to respond quickly to customer requests.
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A person who risks time and money to start and manage a business.
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The resources used to create wealth: land, labour, capital, entrepreneurship, and knowledge.
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Tangible products such as computers, food, clothing, cars, and appliances.
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Obtaining personal information about a person and using that information for illegal purposes.
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When a business’s expenses are more than its revenues.
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An organization whose goals do not include making a personal profit for its owners or organizers.
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Sourcing part of the purchased inputs outside of the country.
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Assigning various functions, such as accounting, production, security, maintenance, and legal work, to outside organizations.
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The amount of output that is generated given the amount of input.
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The amount of money a business earns above and beyond what it spends for salaries and other expenses.
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Refers to the general well-being of a society in terms of its political freedom, natural environment, education, health care, safety, amount of leisure, and rewards that add to the satisfaction and joy that other goods and services provide.
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Rules or orders made by government to carry out the purposes set out in statutes.
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The total amount of money a business takes in during a given period by selling goods and services.
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The chance an entrepreneur takes of losing time and money on a business that may not prove profitable.
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Intangible products (i.e., products that can’t be held in your hand) such as education, health care, insurance, recreation, and travel and tourism.
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People who use business principles to start and manage non-profit organizations and help address social issues.
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The most common tools or platforms used by both consumers and organizations are social networking sites (e.g., Twitter and Facebook), blogs, wikis, podcasts, and other shared media sites (e.g., YouTube).
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All of the people who stand to gain or lose by the policies and activities of a business.
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The amount of goods and services people can buy with the money they have
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Inventions or innovations from applied science or engineering research.
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