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ch 5
| Question | Answer |
|---|---|
| contingent worker | one who has no explicet or implicet contract |
| intermediaries | businesses involved in selling the goods and services |
| service business | carries out activites that are consumed by its costomers |
| what is a proprietorship | business owned and run by just one person |
| partnership | owned by two or more people |
| corporation | legal entity formed by doc |
| partnership agreement | written agreement among all owners |
| articles of incorporation | written legal doc that defines ownership |
| mission statement | short specific written statement |
| goal | precise statement of results the business expects. |