VOCABULARY

1. Entrepreneurship : Emprendimiento

Entrepreneurship is essential in societies, allowing companies to seek innovations,

and transform knowledge into new products.

2. Feasibility: Factibilidad

A feasibility study aims to objectively and rationally uncover the strengths

and weaknesses of an existing business or proposed venture, opportunities
and threats present in the environment,}

3. Management: Administracin

is the administration of an organization, whether it be a business, a not-for-

profit organization, or government body. Management includes the activities
of setting the strategy of an organization and coordinating the efforts of its
employees

4. Investment: Inversin

to invest is to allocate money (or sometimes another resource, such as time)

in the expectation of some benefit in the future, for example, investment on
durable good such as real estate for service industry and Factory

5. Development: Desarrollo

he process of economic and social transformation that is based on complex

cultural and environmental factors and their interactions.

6. Budget: Presupuesto

It is called a budget for the calculation and early negotiation of the income
and expenses of an economic activity

7. Productivity: Productividad

Productivity describes various measures of the efficiency of production. A

productivity measure is expressed as the ratio of output to inputs used in a
production process
8. Projects: Proyectos

Dea of a thing that is thought to do and for which a certain mode and a set
of necessary means is established.

9. Technology: Tecnologa

is the collection of techniques, skills, methods, and processes used in the

production of goods or services or in the accomplishment of objectives, such
as scientific investigation

10. Resources: Recursos

is a source or supply from which benefit is produced

11. Development: Desarrollo

he process of economic and social transformation that is based on complex

cultural and environmental factors and their interactions.

12. Trade: Comercio

involves the transfer of goods or services from one person or entity to

another, often in exchange for money. A network that allows trade is called
a market.

13. Industry: Industria

is the production of goods or related services within an economy.[1] The

major source of revenue of a group or company is the indicator of its
relevant industry.

14. Strengthening: Fortalecimiento

In today's world your company must be focused on three main pillars, which
are the basis of success: the customer, the market and the competition.