sole Proprietorships
a business owned by 2 or more people
partnership
when workers deliberately stop working in order to force an employer to give in to there demands
what is a strike
being a final or very important test or decision
what is crucial
a company that has permission to sell the suppliers goods or services in a particular area in exchange for a sum of money
what is a franchise
situation in which union and company officials bring in a third party to help them reach an agreement
what is mediation
the legal responsibility for something, such as an action
what is liability
association of workers organized to improve wages and working conditions
what is a labor union
an organization established by a company to provide money for a reason, especially for charity
what is foundation
the people elected by the shareholders of a corporation to act on there behalf
what is the board of directers
situation in which union officials submit the issues they cannot agree on to a neutral third party for a final decision
what is abitration
the money to run or expand a business
what is financial capital
state laws forbidding unions from forcing workers to join
what is right to work laws
the process of making business deals more visible to everyone
what is transparency
a government document granting permission to organize a corperation
what is a charter
a thing that is or may be chosen.
what is options
a legal entity that is separate and distinct from its owners
what is corperation
a court order to stop some kind of action
what is injunction
when management closes a workplace to prevent union members from working
what is a lockout
a group organized for purposes other than generating profit and in which no part of the organization's income is distributed to its members, directors, or officers.
what is nonprofit
the difference between a strike and a lockout
what is contrast
a business owned by 1 person
what is proprietorship
process by which unions and employees negotiate the conditions of employment
what is collective barganing
the obligation businesses have to pursue goals that benefit society as well as themselves
what is social responsibility
a business that does not intend to make a profit for the goods and services it provides
what is a nonprofit organization
47 recognized unions in the state
what is alabama