definitions
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| Sole proprietorship | buisness owned by a single person
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| financial capital | money used to buy the tools and equipmentused in production
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| Article of partnership | papers specifying the arrangement between partners
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| corporation | buisness owned by many people
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| charter | writtten document gratning permission to organize a corperation
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| stock | ownership share of a corperation
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| stockholder | individual who has invested in a corperation and owns some of it stocks
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| board of directors | poeople elected by the sharholders of a corperation
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| cooperative | voluntary association of people
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| labor union | association of workers organized to improve wages and working conditions
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| right to work law | state law forbidding unions from forcing workers to join.
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| collective barganing | unions and empolyers negotiate conditions of employment
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| mediation | situation in which union and company officials bring in a third party to try and help them reach an agreement
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| strike | when workers deliberately stop working in order to force employers to give in to their demands
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| boycott | refusal to puchase certain goods
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| transparenct | process of making buisness deals more visable to everyone
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| discrimination | unfair treatment based on prejudice.
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| scoial responsability | obligation a buisness has to pursue goals that benifit society as well as themselves
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Or sort by any of the columns using the down arrow next to any column heading.
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Created by:
maxfuentes
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