Sole Propprietorships
It would be based on who owned the company and who provided the money to keep it running.
How is a business organized ?
It's a business that two or more people own and operate together.
What is a partnership ?
A corporation is a business that is owned by a group of people and operated under a license.
What is the definition on corporation ?
It's an organization of workers that seeks to improve the wages and working conditions of it's members.
What is a labor union ?
The obligation business that have pursue goals that benefit society as well as themselves.
What is the definition of social responsibility?
A sole proprietorship is a business owned and operated by a single person.
What is a sole proprietorship ?
The biggest advantage that partnerships have over sole proprietorship is that so people can raise money.
What the the advantage of a partnership?
It's the people , who is elected by the shareholders of a corporation to act on their behalf.
What is the board of directors ?
It would be a trade union and industrial union.
What are the two types of Unions?
75%
How much percent of a small company it give money in the U.S ?
It would decide on what products or services that they will sell.
What do proprietors decide on ?
The biggest advantage that partnerships have over sole proprietorships is that they can raise money .
What is the advantages of Partnerships ?
The corporations biggest advantage is the ease of raising the financial capital.
What is the corporation's biggest advantage ?
State laws forbidding unions from forcing workers to join.
What is the meaning of the word, right - to work laws ?
They could face some serious laws that would require managers may face some problems or even legal action, if they don't follow the rules.
What could happen to business owners?
To seek information or advice from a person or resource.
What does consulting mean ?
The main drawback of a general partnership is the same as a sole proprietorship. Each partner has an unlimited libaility.
What are the disadvantages of a partnership ?
The government regulates them more than more than any other form of business.
What is the main disadvantage of a corporation ?
It makes sure that these elections are carried out fairly and honestly.
What does the NLRB do ?
The process of making business deals or conditions more visible to everyone.
What is the definition of transparency ?
It's the money used to run or expand a business.
What is the meaning of the financial capital ?
One can manage to raise money and the other one could be that each partner has an unlimited liability.
What are the two types of partnerships ?
Shareholders and stockholders
What are the two shares called ?
It's when workers deliberately stop working in order to force an employer to give in to their demands.
What does a strike mean ?
It's a benefit that many companies have traditionally given to their workers.
What is Health Insurance ?