| Question |
Answer |
| What is one who has no explicit or implicit contract for long-term employment? |
contingent worker |
| What are businesses involved in selling the goods and services of producers to consumers and other businesses? |
intermediaries |
| What carries out activities that are consumed by its customers? |
service business |
| What is a business owned and controlled by two or more people who have entered into a written agreement? |
partnership |
| What is a business owned and run by just one person? |
proprietorship |
| What is a serparate legal entity formed by documents filed with your state? |
corporation |
| What is a written agreement among all owners? |
partnership agreement |
| What is a written legal document that defines ownership and operating procdures and conditions for the business? |
articles of incorporation |
| What is a written contract granting permission to operate a business to sell products and services in a set way? |
franchise |
| What is a short, specific written statement of the reason a business exists and what it wants to achieve? |
mission statement |
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