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8 marketing/buisness
the key terms
Term | D efinition |
---|---|
Functions of Business | needed to operate a buisness can be divided into fuctional areas managment, operations,marketing,accounting,and finance |
Business Ethics | form of applied ethics or pro ethics |
Corporate Social Responsibility | refers to a organizations responsible to create business value |
Sole Proprietor | owned by one person responsible for running business |
Corporation | business ownership that is legal entity on its own puts stockholders/shareholders and board of directors in control |
Partnership | can be limited but in either case the general partners are in control |
Shareholder | elect board of director to oversee the major policies and decisions |
Management | getting people to work together for attainment of organizations goals |