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MRT Bussiness
Term | Definition |
---|---|
Functions of Business | The activities needed to operate a business can divided into number of functional areas management, operation, marketing, accounting, and finance |
Business Ethics | form applied ethics or to professorial ethics that examines ethical principals and moral or ethical problem that arise in business environment |
Corporate Social Responsibility | responsible to create business value by caring for well-being all stakeholder including environment |
Sole Proprietor | own by one person lots of risk all your profit |
Corporation | legal entity on its own limited liability |
Partnership | two or more people own the firm general partner have unlimited liability |
Shareholder | shareholder elect a broad of director to oversee the major polices and decisoion in a coporation |
Management | people working together to acomplish goals and projects. |