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marketing concept
Term | Definition |
---|---|
Functions of Business | The activities needed to operate a business can be divided into a number of functional areas management,operations,marketing, accounting and finance |
Business Ethics | A form of applied ethnics or professional ethnics that examines ethical problems that arise in a business environment |
Corporate Social Responsibility | Corporate citizenship refers to an organization responsibility to create business value by caring for the well-being of all stake holders including the environment |
Sole Proprietor | These firms are owned by one person, usually the individual who has day-to-day responsibilities for running the business. |
Corporation | Form of business ownership that is a legal entity own and puts stockholders/shareholders and the board of directors in control. |
Partnership | Can be general or limited,but in either case the general partners are in control. |
Shareholder | The shareholder elect a board of directors to oversee the major policies and decisions in a corporation |
Management | Getting people to work together for the attainment of an organization's goals and objectives |