Chapter 24
one of the owners of a corporation
what is a stockholder?
Leader will make all decisions
What is autocratic style?
person who guides others to a goal
What is a leader?
Document that dictates how a business should be conducted
What is code of ethics?
Accept a bribe for the purpose of obtaining a business license
What is illegal?
Person who buys the rights to sell the brand products
what is a franchisee?
Encourages team members
What is democratic style?
Process of hiring people
What is staffing?
Reprocessing of resources to be used again
what is recycling?
Raising prices on certain goods during emergency situations
What is unethical?
Form of ownership that limits the personal liability of owners
What is LLC?
Outlines of stress management
What are the 4 A's?
Belief about a group of people
What is stereotyping?
Promoting welfare of others
what is philanthropy?
Accepting gifts from suppliers for promising to purchasing more product
What is unethical?
type of business that is subject to the least amount of taxation and regulation?
What is sole-proprietorship?
Set out what you want to achieve later on?
What is planning?
Making reasonable judgments and decisions in a situation
what is critical thinking?
Federal commission oversees fair ads, trading.....
What is FTC?
Skills to help someone find a job
What is soft skills?
Document that details how much each partner will invest
What is partnership agreement?
Control, Lead, Organize, Plan, Staff
What are the 5 management functions?
Diagram of employee positions
What is organizational chart
By taking surveys for the company
What is practicing ethically?
Having more buildings for a type of business
What is a corporation?