Please Define the Following Key Terms

question 33

Short Answer

Please define the following key terms
-Prague Spring

Analyze the role of personal characteristics in successful entrepreneurship.

Understand the concept of a triggering event in the start-up process.

Differentiate between entrepreneurs and small business managers/owners.

Recognize the risks associated with entrepreneurship and strategies for managing them.

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Definitions:

Distribution

A statistical term describing how values in a data set are spread out across different categories or ranges.

Third Quartile

The value below which 75% of the data in a data set falls, also known as the upper quartile.

Medicaid

A government-sponsored insurance program in the United States for individuals and families with low income and resources.

Net Worth

The difference between an entity's total assets and its total liabilities.