click below
click below
Normal Size Small Size show me how
MKT
fun
Term | Definition |
---|---|
Functions of Business | the activities need to operate a business can be divided into a number of functional areas management,operations,account,and finance. |
Business Ethics | it is the ethics you need to have in the work place for ex when you ripe someone off that is not good business ethics |
Corporate Social Responsibility | corporate citizenship refers to an organizations responsibility to create business value by caring for he well being of all stakeholders |
Sole Proprietor | owned by one person who has the day to day responsibility for running the business |
Corporation | this is where the owner shares owner ship with someone or a group of people |
Partnership | general partners are mostly in control and have unlimited liability |
Shareholder | The shareholders elect a board of directors to oversee the major policies and decisions in a corporation. |
Management | Getting people to work together for the attainment of an organization's goals and objectives. Management processes include planning, organizing, directing, and controlling. |