SOLE P
IS A BUSINESS OWNED & MANAGED BY A SINGLE INDIVIDUAL
SOLE PROPREITORSHIP
A BUSINESS ORGANIZATION OWNED BY 2 OR MORE PERSONS WHO AGREE ON A SPECIFIC DIVISION OF RESPONSIBILITIES & PROFITS
PARTNERSHIP
IS A LEGAL ENTITY, OWNED BY INDIVIDUAL STOCKHOLDERS, EACH OF WHOM HAS LIMITED LIABILITY FOR THE FIRM'S DEBTS.
CORPORATION
HAVE HEADQUARTERS IN ONE COUNTRY AND BRANCHES IN ANOTHER
MULTINATIONAL CORP
IS AN ORGANIZATION OF WORKERS THAT TRIES TO IMPROVE WORKING CONDITIONS, WAGES, AND BENEFITS FOR ITS MEMBERS
LABOR UNIONS
THE NETWORK OF STRUCTURES & MECHANISMS TTHAT ALLOWS THE TRANSFER OF MONEY BETWEEN SAVERS & BORROWERS
FINANCIAL SYSTEM
BOTH OF THESE ARE ILLEGAL IN THE US
COLLUSION & CARTELS
ECONOMISTS USE THIS TO ASSEMBLE INFORMATION ABOUT THE WORKFORCE
BUREAU OF LABOR STATISTICS
CERTIFICATE OF OWNERSHIP IN A CORPORATION
STOCK
TRUE OR FALSE: THIS TYPE OF COMPANY IS THE MOST POPULAR IN THE US
TRUE
IN THIS PARTNERSHIP, ALL PARTNERS SHARE EQUALLY BOTH THE RESPONSIBILITY & LIABILITY
GENERAL
THIS TYPE OF STRUCTURE RUNS A CORPORATION
BOARD OF DIRECTORS
THIS IS A SEMI-INDEPENDENT BUSNESS THAT PAYS FEES TO A PARENT COMPANY
FRANCHISE
TRUE OR FALSE: THE REPUTATION OF UNIONS SUFFERED FURTHER BECAUSE OF THEIR LINKS TO ORGANIZED CRIME
TRUE
WHAT DO YOU TAKE WHEN YOU DECIDE TO INVEST?
RISK
REFERS TO AN AGREEMENT AMONG MEMBERS OF AN OLIGOPOLY TO ILLEGALLY SET PRICES AND PRODUCTION LEVELS
COLLUSION
WHAT DOES OSHA STAND FOR
OCCUPATIONAL SAFETY AND HEALTH ADMINSTRATION
STOCK THAT IS ISSUED IN PORTIONS IS KNOWN AS
SHARES
WHICH ADVANTAGE IS THIS:
MUST MEET MINIMUM REQUIREMENTS: AUTHORIZATION, SITE PERMIT, NAME
EASY TO START
IN THIS PARTNERSHIP, ONLY ONE PERSON HAS UNLIMITED PERSONAL LIABILITY FOR THE FIRMS ACTIONS; THE REMAINING PARTNER(S) CONTRIBUTE ONLY MONEY
LIMITED
TRUE OR FALSE: CORPORATIONS ARE EASY TO START UP
FALSE
COMPANIES CAN GROW BY DOING THIS ? OR COMBINING WITH ANOTHER CORPORATION
MERGING
THIS IS A UNION'S ULTIMATE WEAPON
STRIKE
WHICH FINANCIAL INTERMEDIARY:
TAKE IN DEPOSITS FROM SAVERS THEN LEND OUT SOME OF THESE FUNDS TO BUSINESSES AND INDIVIDUALS
BANKS, SAVINGS AND LOAN ASSOCIATIONS
THIS DESCRIBES A MARKET DOMINATED BY A FEW LARGE, PROFITABLE FIRMS
OLIGOPOLY
AT ITS FOUNDING THE US WAS A NATION OF THESE
FARMERS
AN INVESTOR CAN EARN A PROFIT IS TO SELL THE STOCK FOR MOR THAN HE OR SHE PAID FOR IT
CAPITAL GAIN
WHICH ADVANTAGE IS THIS:
MAY ALSO BE SUBJECT TO LOCAL ZONING LAWS
FEW REGULATIONS
THIS FUNCTIONS AS A GENERAL PARTNERSHIP, EXCEPT THAT ALL PARTNERS HAVE ? IN CERTAIN SITUATIONS; SUCH AS ANOTHER PERSONS MISTAKES
LIMITED LIABILITY PARTNERSHIP (LLP)
IN THIS TYPE OF CORPORATION, STOCK IS ONLY ISSUED TO A FEW PEOPLE, USUALLY FAMILY
PRIVATE
WHICH MERER:
WHEN 3 OR MORE UNRELATED BUSINESSES ARE INVOLVED
CONGLOMERATE
SETTLEMENT TECHNIQUE IN WHICH A NEUTRAL PERSON, THE MEDIATOR, MEETS WITH EACH SIDE TO TRY TO FIND A SOLUTION THAT BOTH SIDES WILL ACCEPT; NOT LEGALLY BINDING
MEDIATION
THESE DOCUMENTS HAVE A PROPER NAME: PASSBOOKS, MONTHLY STATEMENTS, BOND CERTIFICATES OR OTHER RECORDS.
FINANCIAL ASSETS
IN A PURELY COMPETITIVE MARKET THE PRODUCTS ARE
IDENTICAL
PEOPLE WHO DO NOT MEET THE 3 REQUIREMENTS FOR EMPLOYMENT ARE CONSIDERED THIS
UNEMPLOYED
CORPORATIONS PAY OUT THEIR PARTS OF THEIR PROFITS TO STOCKHOLDERS IN THE FORMS OF THESE
DIVIDENDS
WHICH ADVANTAGE IS THIS:
THE DESIRE FOR PROFITS MOTIVATES MANY PEOPLE TO START THEIR OWN BUSINESS
SOLE RECEIVER OF PROFIT
IN THIS PARTNERSHIP, PARTNERS CAN ONLY LOSE THEIR INITAL INVESTMENT
LIMITED
CORPORATIONS ARE SUBJECT TO THIS TYPE OF TAXATION BECAUSE THEY ARE A SEPARATE ENTITY FROM THE OWNERS
DOUBLE
WHICH MERGER:
TWO OR MORE FIRMS INVOLVED IN DIFFERENT STAGES OF PRODUCING THE SAME GOOD OR SERVICE JOIN TOGETHER
VERTICAL
SETTLEMENT TECHNIQUE, A NEUTRAL 3RD PARTY LISTENS TO BOTH SIDES & THEN IMPOSES A DECISION; LEGALLY BINDING FOR BOTH SIDES.
ARBITRATION
IS INCOME THAT SOME RETIREES RECEIVE AFER WORKING A CERTAIN NUMBER OF YEARS OR REACHING A CERTAIN AGE
PENSION
GIVES A COMPANY EXCLUSIVE RIGHTS TO SELL A NEW GOOD OR SERVICE FOR A SPECIFIED PERIOD OF TIME
PATENT
PEOPLE WHO HAVE MORE THAN ONE JOB ARE COUNTED THIS MANY TIMES WHEN SURVEYED FOR THE BLS
ONCE
INVESTOR WHO SELLS A STOCK AT A PRICE LOWER THAN PURCHASE PRICE, SUFFERS THIS
CAPITAL LOSS
THIS IS THE LEGAL OBLIGATION TO PAY DEBTS
LIABILITY
ALL PARTNERSHIPS HAVE THE POTENTIAL FOR THIS TO HAPPEN
CONFLICT
A STOCKHOLDER IS THIS IN A CORPORATION:
PART-OWNER
FORMAL CONTRACT ISSUED BY A CORPORATION OR OTHER LEGAL ENTITY THAT INCLUDES THE PROMISE TO REPAY BORROWED MONEY WITH INTEREST AT FIXED INTERVALS
BOND
AN ORGANIZED WORK STOPPAGE INTENDED TO FORCE AN EMPLOYER TO ADDRESS UNION DEMANDS
STRIKE
WHICH FINANCIAL INTERMEDIARY:
A PRIVATE INVESTMENT ORGANIZATION THAT EMPLOYS RISKY STRATEGIES THAT OFTEN MAKE HUGE PROFITS FOR INVESTORS
HEDGE FUND
IN A MONOPOLY, THE GOOD OR SERVICE PROVIDED HAS NO CLOSE ?
SUBSTITUTE
THIS HAS CAUSED SOME JOBS TO FADE, AND BRING NEW JOBS TO LIFE
TECHNOLOGY
THIS MARKET BEGAN IN 1792; IT HANDLES STOCK AND BOND TRANSACTIONS FOR THE TOP COMPANIES IN THE US & WORLD
NYSE, NEW YORK STOCK EXCHANGE
WHICH DISADVANTAGE IS THIS:
HUMAN CAPITAL MAY BE LACKING
LIMITED ACCESS TO RESOURCES
WHICH ADVANTAGE IS THIS:
IN A PARTNERSHIP MORE THAN ONE PERSON CONTRIBUTES ASSETS.
FINANCIAL IMPACT
CERTIFICATE OF OWNERSHIP IN A CORPORATION
STOCK
THIS IS A FEDERAL AGENCY THAT REGULATES THE STOCK MARKET
SEC
THIS HAS PROVEN TO BE AN EFFECTIVE TOOL TO EXTRACT CONCESSIONS FROM EMPLOYERS
COLLECTIVE BARGAINING
WHICH FINANCIAL INTERMEDIARY:
POOLS OF THE SAVINGS OF MANY INDIVIDUALS AND INVEST THIS MONEY IN A VARIETY OF STOCKS, BONDS, AND OTHER FINANCIAL ASSETS
MUTUAL FUND
HAVE ONLY ONE SELLER BUT ANY NUMBER OF BUYERS
MONOPOLY
THIS CAN MAKE OF BREAK A BUSINESS
LOCATION
STOCKS ARE TRADED DIRECTLY, OVER THE COUNTER; CREATED IN 1971 THROUGH THE USE OF AUTOMATION
NASDAQ
TO BE A SOLE PROPRIETOR ONE MUST POSSESS THIS
ENTREPRENEURIAL SPIRIT
IF PARTNERS DO NOT CREATE THEIR ARTICLES OF PARTNERSHIP, THEY FALL UNDER THE RULES OF ?
UNIFORM PARTNERSHIP ACT (UPA)
INCORPORATION MEANS THIS
FORMING A CORPORATION
A CONTRACT ISSUED BY A LOCAL AUTHORITY THAT GIVES A SINGLE FIRM THE RIGHT TO SELL ITS GOODS WITHIN AN EXCLUSIVE MARKET
FRANCHISE
THE 2 TECHNIQUES THAT ARE USED IN STRIKES ARE:
MEDIATION & ARBITRATION
THIS IS THE ABILITY TO CONVERT ASSETS INTO CASH
LIQUIDITY
THIS TYPE OF MONOPOLY IS A MARKET THAT RUNS MOST EFFICIENTLY WHEN ONE LARGE FIRM PROVIDES ALL OF THE OUTPUT
NATURAL
TEMPORARY WORKERS ARE REFERRED TO AS THIS TYPE OF EMPLOYMENT
CONTINGENT
THIS MEANS THAT EACH SINGLE SHARE OF STOCK SPLITS INTO MORE THAN ONE SHARE
STOCK SPLIT
WHAT ARE THE 3 DISADVANTAGES:
UNLIMITED PERSONAL LIABILITY
LIMITED ACCESS TO RESOURCES
LACK OF PERMANENCE
WHAT ARE THE 3 ADVANTAGES TO PARTNERSHIPS:
EASY TO START UP
FINANCIAL IMPACT
SHARED DECISION MAKING
WHAT ARE THE 2 TYPES OF CORPORATIONS
PUBLIC & PRIVATE
WHICH MERGER:
TWO OR MORE FIRMS COMPETITING IN THE SAME MARET WITH THE SAME GOOD OR SERVICE JOIN TOGETHER
HORIZONTAL
THESE ARE MEASURES THAT BAN MANDATORY MEMBERSHIPS
RIGHT TO WORK LAWS
INVESTMENTS HELP PROMOTE THESE 2 THINGS
ECONOMIC GROWTH & WEALTH
THIS IS THE SIMPLEST MARKET STRUCTURE
PURE COMPETITION / PERFECT COMPETITION
THE 3 CATEGORIES NOT COUNTED IN THE LABOR FORCE FOR THE BLS ARE:
ACTIVE MILITARY, INSTITUTIONALIZED, & OTHER (RETIREES)
THIS STOCK PAYS FEW OR NO DIVIDENDS
GROWTH STOCK
WHAT ARE THE 4 MAIN ADVANTAGES:
EASY TO START & EASY TO END
RELATIVELY FEW REGULATIONS
SOLE RECEIVER OF PROFIT
FULL CONTROL
WHAT ARE THE 3 TYPES OF PARTNERSHIPS:
GENERAL
LIMITED
LIMITED LIABILITY
PUBLICLY HELD CORPORATIONS ARE REQUIRED TO FILE QUARTERLY & ANNUALLY REPORTS WITH THE ?
SECURITIES & EXCHANGE COMMISSION (SEC)
WHAT ARE THE 3 TYPES OF MERGERS THAT WE DISCUSSED
HORIZONTAL
CONGLOMERATE
VERTICAL
THIS MAN FOUNDED THE AMERICAN FEDERATION OF LABOR (AFL) IN 1886
SAMUEL GOMPERS
THE ACT OF REDIRECTING RESOURCES FROM BEING CONSUMED TODAY, SO THAY THEY MAY CREATE BENEFITS IN THE FUTURE
INVESTMENT
THESE 3 PRACTICES CONCERN THE GOVERNMENT WHEN IT COMES TO OLIGOPOLIES
PRICE LEADERSHIP, COLLUSION, CARTELS
THE ABILITY TO DIFFERENTIATE PRODUCTS MEANS THAT FIRMS DO NOT HAVE TO COMPETE ON PRICE ALONE, IS WHAT TYPE OF COMPETITION
NON-PRICE
WHAT ARE THE 4 TYPES OF STOCK:
INCOME
GROWTH
COMMON
PREFERRED