Sole Proprietorship
This is a business owned and operated by a single person.
What is a Sole Proprietorship
A business owned by 2 or more people.
What is partnership?
A type of business organization owned by many people but treated law as though it was a person.
What is a corporation?
Association of workers organized to improve wages and working conditions.
What is Labor union?
The process by which unions and employers negotiate the conditions of employment.
What is collective bargaining?
This is the money used to run or expand a business.
What is financial capital?
To explain; to make something more understandable.
What is to clarify?
A government document granting permission to organize a corporation.
What is a charter?
AFSCME
What is the American Federation of State, County, and Municipal Employees?
When workers deliberately stop working in order to force and employer to give in to their demands.
What is a strike?
This is the legal responsibility for something such as an action or a debt.
What is Liability?
Limited Liability Partnership.
What is LLP?
The people elected by the shareholders of a corporation to act on their behalf.
What is a board of directors?
State laws forbidding unions from forcing workers to join.
What are right - to - work laws?
A union tactic in which striking workers walk with signs that express their grievances.
What is picketing?
This means to seek information or advice from a person or resource.
What is consult?
Partnerships can be any size.
What is no limit?
The corporations biggest advantage is the ease of raising financial capital.
What is a corporations biggest advantage?
Synonym for situation.
What is circumstance.
When management closes a workplace to prevent union members from working.
What is a lockout?
Workers might prefer to take a job with a larger company with better benefits.
Why is there trouble hiring skilled workers? :D
The biggest advantage that partners have is that they can raise more money.
The government regulates corporations more than any other form of business.
What is a disadvantage?
The NLRB.
What is the national labor relations board?
A court order to stop some kind of action.
What is an injunction?