22 Word Scramble
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Question | Answer |
sole proprietorship | a business owned and operated by a single person |
financial capital | money used to buy the tools and the equipment used in productions |
partnership | a business owned by two or more people |
articles of partnership | formal legal papers specifying the arrangement between partners |
corporation | type of business organization owned by many people but treated by law as though it were a person |
charter | a written document granting land and the authority to set up colonial governments is able to check or a government document granting permission to organized a corporation |
stock | ownership share of a corporation |
stockholders | an individual who invested in a corporation and owns some of its stock |
board of direction | people elected by the shareholders of a corporation to act on their behalf |
cooperative | a voluntary a associations formed to carry some type of economic activity that will benefit their its members |
labor of union | association of workers organized to improve wage and working conditions |
right to work law | states law forbidding workers to join |
collective bargaining | process in which unions and employers negotiate the conditions of employment |
mediation | situations in which union and company officials bring in the third party to try to help them reach an agreement |
arbitration | situations in which union and company officials submit the issues they can not agree on to a third party for a final decision |
strike | when workers deliberately stop working in order to force an employer to give in to their demands |
boycott | the refusal to purchase certain goods |
transparency | process of making business deals more visible to everyone |
discrimination | unfair treatment based on a certain group |
social responablity | the obligation a business has to pursue goals that benefit society as well as themselves |
Created by:
somonnemclean
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