how business is organized
a business owned by one person
what is sole proprietorship
a company with permission to sell another's products for a sum of money
what is a franchise
group of workers looking to improve wages and working conditions
what is a labor union
management closes a workplace to prevent union workers from working
what is a lockout
a government document granting permission to organize a corporation
what is a charter
the money used to run or expand a business
what is financial capital
a business that doesn't make any money and doesn't plan to
what is a non-profit organization
state laws forbidding unions from forcing workers to join
what are right-to-work laws
a tactic when striking worker walk with signs to show their grievances
what is picketing
the people elected by the shareholders of a corporation to act on their behalf
what is a board of directors
the legal responsibility for something
what is liability
a business owned by many people but treated by laws as if it was a person
what is a corporation
a process by which unions and employers negotiate the conditions of employment
what is collective bargaining
situation where union an company officials bring a third party to reach agreement
what is mediation
someone who buys stocks of a company or organization
what is a shareholder
a business owned by 2 or more people
what is partnership
a business owned by 2 or more people
what is partnership
workers stop working in order to force the employer
what is a strike
situation where union and company officials submit issues they have to a third party for a final agreement
what is arbitration
someone who oversees daily business and hires other officers
what is a president
the amount of money made from a business
a business owned by 1 person
what is sole proprietorship
a court order to stop some kind of action
what is an injunction
when a company moves to another place,ridding jobs
what is outsourcing
someone who works at a company and is the lowest rank in a company
what is an employee