Sole Propprietorship
Are there regulations in sole proprietorships?
no
True or false more than one person works in a partnership?
True
a legal entity, or being owned by individual stockholders own stock is known as?
a business organization owned and operated by a group of individuals for their shared benefit is known as?
Cooperatives
true or false labor unions do not support the workers and don't fight for fair working conditions.
false
What is a business owned and managed by a single person?
Sole proprietorships
4
closely held corporations are...
Privately held corporations
What functions like a business but does not operate for profit and has no owner?
after what events did labor union membership rise 35%
the great depression
true or false there is limited access to resources in sole proprietorship?
True
What is the most common partnership?
General partnership
Corporations can also grow by merging, or combining, with another corporation. What is that known as?
Corporation mergers
Which of the 3 types of nonprofits is a Nonprofit organization that promotes the interests of particular industries?
trade associations
keeping unnecessary job positions to keep people employed is called what?
Featherbedding
What type of vibe is sole proprietorship?
Entrepreneuirship vibes
What is a contract that gives businesses the right to sell goods within an exclusive market?
A Franchise
corporations that produce and sell their goods and services in more than one country are called?
Multinational corporations
What are the 3 types of nonprofit organizations?
professional organizations, business associations, and trade associations.
The theory That Education Results In Higher Efficiency And Wages is what
the learning effect
Do you receive a large or small profit from sole proprietorships?
Large profit
Money charged to franchise owners because of their earnings?
Royalties
What are the three types of mergers?
Horizontal Mergers, Vertical Mergers, and Conglomerates.
What are the 3 types of cooperatives?
Consumer, service, and producer cooperatives.
Company Makes Another Country Company Do Work is known as what?
offshoring