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mkt. and buisness
| Term | Definition |
|---|---|
| functions of businesses | the activities needed to operate a business |
| business ethics | form of ethics applied to examines the principal and problems that arise in a business environment |
| corporate social responsibility | organizations responsibility to create business value by caring for well being of stake holders |
| sole proprietor | a firm owned by one person |
| corporation | business ownership that is a legal entity |
| partnership | a business where the partners are in control and responsibility is split between the two |
| shareholder | elect board of directors to oversee major policies |
| management | getting people to work together to obtain the business's goals |