click below
click below
Normal Size Small Size show me how
MRT Bussiness
| Term | Definition |
|---|---|
| Functions of Business | The activities needed to operate a business can divided into number of functional areas management, operation, marketing, accounting, and finance |
| Business Ethics | form applied ethics or to professorial ethics that examines ethical principals and moral or ethical problem that arise in business environment |
| Corporate Social Responsibility | responsible to create business value by caring for well-being all stakeholder including environment |
| Sole Proprietor | own by one person lots of risk all your profit |
| Corporation | legal entity on its own limited liability |
| Partnership | two or more people own the firm general partner have unlimited liability |
| Shareholder | shareholder elect a broad of director to oversee the major polices and decisoion in a coporation |
| Management | people working together to acomplish goals and projects. |