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Business Venture

Selling the same product to different people at different prices Price Discrimination
A certificate that shows that the holder of the document has the necessary education and training to perform a job A license
The Occupation Safety and Health Administration (OSHA) is the government agency that Ensures safe, healthful working conditions for employees
A lawsuit that employees may bring against their employees if they feel they have unfairly lost their job is called Wrongful Termination
Copyrights protects Original works of authors, such as books, movies, and musical compositions
Public domain is a term that describes Works that can be used by anyone free of charge. There protection has expired
Capital consists of Equipment, factories, tools, and other goods needed to produce a product
Goods and services The products that our economic system produces to satisfy our wants
Detailing of your business layout can Create an effective atmosphere, enhance the company's image and ensure safe and pleasant working conditions
For service operation The primary physical consideration is the flow of customers through the business
Goods and services The products that our economic system produces to satisfy our wants
Detailing of your business layout can Create an effective atmosphere, enhance the company's image and ensure safe and pleasant working conditions
For a wholesale operation The primary physical layout consideration is providing cost-effective storage and facilitating movement of products
Goods and services The products that our economic system produces to satisfy our wants
Detailing of your business layout can Create an effective atmosphere, enhance the company's image and ensure safe and pleasant working conditions
The starting point in planning a layout for any facility is To define the objectives of the facility
Breaking into a business with the intent of stealing is Burglary
Premium is A fee that is paid for insurance coverage
Consumer protection laws protect customers against unscrupulous sellers, unreasonable credit terms and unsafe products
Pure risk The type of risk that involves only the chance of loss is
Advertisement that uses a bargain-priced item to lure customers into a store; once customers arrive, a salesperson tries to sell higher priced merchandise to them Bait-and-switch
Copyrights, patents, and trademarks Are covered under intellectual property
The easiest form of business to start is Proprietorship
Requires at least two owners Partnership
Unique business organized by two or more other businesses to operate for a limited time and for a specific project is a Joint venture
Created by: akayla191
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