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BUS Ch 2

TermDefinition
Corporation A legal entity created under state law that has legal rights and obligations separated from its owners who are known as shareholders or stockholders.
Demographics Statistical characteristics of human population (such as age or income) used to identify markets.
Economics Pertaining to the economy, or the field of economics (as in “Council of Econmic Advisors”).
Fixtures French term for a person who undertakes and develops a new enterprise at some risk (of failure or loss).
Partnership
Risk
Scarcity:
Sector
Sole Proprietorship
Venture
Created by: Ljonessmith30
Popular Business sets

 

 



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