Sole Partnership
A business that is owned by a group of people and operates under a license
What is a Corporation
To seek information or advice from a person or resource
What is Consult
Association of workers organized to improve wages and working conditions
What is a Labor Union
Another word for situation
What is circumstance
These require business to meet certain responsibilities
What are Laws
A business owned by two or more people
What is Partnership
To explain: to make something more understandable
What is to clarify
State laws forbidding unions from forcing workers to join
What are right-to-work laws
A union tactic in striking workers walk with signs that express their grievances
What is picketing
Situation in which union and company officials bring in a third party to try to help them reach an agreement.
What is a Arbitration
The legal responsibility for something, such as an action or a debt.
What is Liability
A government document granting permission to organize a corporation
What is a charter
Process by which unions and employers negotiate the conditions of employment
What is collective bargaining
When management closes a workplace to prevent union members from working
What is a lockout
The obligation businesses have to pursue goals that benefit society as well as themselves
What is social responsibility
The money used to run or expand a business
What is Financial capital
The people elected by the shareholders of a corporation to act on their behalf
What are board of directors
When workers deliberately stop working in order to force an employer to give in to their demands
What is a strike
Something that is chosen
What is an Option
An organization established by a company or an individual to provide money for a particular purpose, especially for a charity or research.
What is a Foundation
A business owned and operated by a single person
What is a Sole proprietorship
A company that has permission to sell the supplier's goods or services in a particular area in exchange for a sum of money
What is a franchise
A court order to stop some kind of action
What is injuction
A situation in which union and company officials bring in a third party to try to help them reach an agreement
What is a Mediation
A process of making business deals or conditions more visible to everyone
What is Transparency