CSR
CSR stands for
Corporate Social Responsibility
The area of business that deals with the employees, as well as their well-being, training, etc.
Human Resources
A ___________ chart used to show which employees are grouped together in departments & who they "report" to
Organization (Org) chart
The legal form of business that involves only ONE person
Sole Proprietorship
Usually a long & formal document developed to outline the business for investors/lenders
Business Plan
When a company conducts CSR, they may be working to reduce _____________ in the environment
Pollution and/or waste
The area of business that deals with the factors of finance such as payroll, taxes, internal financial documents, paying invoices, etc.
Accounting
When a business is at a high point of the business cycle
Peak
Legal form a business that offers stock to shareholders to invest in the company
Corporation
Most small businesses use this type of legal form when being established
When a company conducts CSR, they maybe contributing to _________ and __________ programs
Educational and social
The 5 functional areas of business
When a business is at a low point in the business cycle
Trough
The government sees the business as an artificial person in this form of legal business
Corporation
A government authority or license giving a right or title for a set period, especially the sole right to exclude others from making, using, or selling an invention
Patent
When a company conducts CSR, they are looking to earn adequate returns on ________ resources
Employee
The area of business that deals with the factors of finance such as how to invest profits, purchasing of large assets, aligning the financial health of the company with long-term strategies, etc.
Finance
Grouping of employees into departments
Departmentalization
The two legal forms of business that have the most liability for the owner(s)
Sole Proprietorship & General Partnership
Describes the individuals that will be purchasing your good/service
Target Market
Companies looking to maximize ___________ will be conducting CSR initiatives.
profits
The area of business that determines the most efficient way for a product or service to be produced
Operations Management/Production
GDP
Gross Domestic Product
Type of business ownership where the individual has limited liability & only invests money into the business
Limited Partnership
A person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so
Entrepreneur