chapter 22
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 | a business owned and operated by sole, or single person
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| financial captial | the money needed to run a business or enable it to grow larger
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| partnership | a business that two or more people own and operate
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| articles of partnership | you and your partners legal agreement to the business
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| corporation | an organized business recognized by law that has many of the rights and responsibilities
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| charter | a government document granting permission to organize
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| stock | ownership shares of the corporation, that will be issued
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| stockholder | part owners of the corporation
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| board of directors | stockholder elect them to act on their behalf
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| cooperative | a voluntary association of people formed to carry on an economic activity that benefits its members
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| labor union | group of workers who band together to have a better chance to obtain higher pay and better working conditions
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| right to work law | which prevent mandatory union membership required by the union shop
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| collective bargaining | process by which unions and employers negotiate the conditions of employment
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| mediation | in which they bring a third party who tries to help them reach a compromise agreement
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| arbitration | a third party listens to both sides, then decides how to settle the disagreement.
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| strike | in which all workers in the union refuse to go to work
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| boycott | refuse to buy, the business's products
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| transparency | revealing or making public information
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| discrimination | business are required to give their workers a safe work place and to treat all workers fairly
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| social responsibility | the obligation to pursue goals that benefit society as well as themselves
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
stephanieroel1
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