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MRT Bussiness

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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  
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Business Ethics   form applied ethics or to professorial ethics that examines ethical principals and moral or ethical problem that arise in business environment  
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Corporate Social Responsibility   responsible to create business value by caring for well-being all stakeholder including environment  
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Sole Proprietor   own by one person lots of risk all your profit  
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Corporation   legal entity on its own limited liability  
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Partnership   two or more people own the firm general partner have unlimited liability  
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Shareholder   shareholder elect a broad of director to oversee the major polices and decisoion in a coporation  
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Management   people working together to acomplish goals and projects.  
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