Government & Regulation
his agency regulates radio, television, and communications.
What is the FCC?
Money left after taxes that can be spent.
What is disposable income?
A business owned by one person.
What is a sole proprietorship?
Agreement allowing distribution of goods or services under another company's name.
What is a franchise?
When two businesses become one.
What is a merger?
This government agency enforces antitrust laws.
What is the FTC?
Government policy involving spending and taxation.
What is fiscal policy?
A business owned by two or more people.
What is a partnership?
Person who buys franchise rights.
Who is the franchisee?
Buying another company.
What is an acquisition?
This agency protects consumers' health through food and drug regulation.
What is the FDA?
Government policy affecting money supply and interest rates
What is monetary policy?
A business owned by stockholders.
What is a corporation?
Owner of the franchise system.
Who is the franchisor?
Growth by extending facilities or operations.
What is expansion?
This agency creates workplace safety standards.
What is OSHA?
An industry controlled by one company.
What is a monopoly?
A business structure that combines characteristics of corporations and partnerships.
What is an LLC?
Fees paid to the parent company based on sales or profits.
What are royalties?
Growth through acquiring many smaller companies.
What is consolidation?
A tax charged on imported goods.
What is a tariff?
A good available to everyone regardless of who pays for it.
What are public goods?
A corporation with 100 or fewer shareholders taxed like a partnership.
What is an S Corporation?
A franchise operating inside another store.
What is a piggyback franchise?
Businesses combining resources for a project.
What is a joint venture?