Business Types
Someone who owns an unincorporated business by himself or herself.
What is a sole proprietor ?
"Just Do It"
What is Nike?
A Japanese conglomerate, known for its electronics and gaming, it also has major investments in entertainment, music, and financial services.
What is Sony?
A senior-level executive in an organization who reports to the president or the CEO.
What is a vice president?
A particular group at which a film, book, advertising campaign, etc., is aimed.
What is a target audience ?
______ business is a formal agreement made by two or more parties to jointly manage and operate a company.
What is a partnership ?
"Have it your way"
What is Burger king?
A global e-commerce company has been criticized for workplace conditions and anti-union policies in multiple countries, despite being valued over $1 trillion.
What is Amazon?
A person who oversees budgets, staff, and executives and evaluates the success of the company.
What is a president ?
The action or business of promoting and selling products or services, including market research and advertising.
What is marketing ?
A type of business structure in the U.S. that is legally separate from its owners and is taxed as a distinct entity.
What is a C corporation (C corp)?
''Everywhere you want to be''
What is VISA?
A European automotive group that owns brands ranging from mass-market to luxury supercars and has been investing heavily in electric mobility and software development.
What is Volkswagen Group?
A manager with broad responsibilities that range from managing day-to-day operations to providing strategic advice.
What is a Chief Operations Officer (COO)?
A strategic process of creating and distinguishing your company's image, products and services from your competitors.
What is brand strategy?
A special type of corporation in the U.S. that combines the legal benefits of a corporation with the tax benefits of a partnership.
What is an S corporation ?
Unlike a C corporation, an S corp does not pay federal income tax at the corporate level. Profits, losses, deductions, and credits pass through to shareholders’ personal tax returns. This avoids double taxation.
“Inspire the World, Create the Future”
What is SAMSUNG Electronics?
A Chinese tech company that dominates messaging, digital payments, and has a large portfolio in online gaming, including partial ownership of Riot Games and Epic Games.
What is a Tencent?
A senior executive responsible for managing the financial actions of their company.
What is a Chief Financial Officer (CFO)?
The process of calculating how much money you must earn or save during a particular period of time, and of planning how you will spend it
What is budgeting ?
A flexible business structure in the U.S. that combines features of corporations and partnerships/sole proprietorships. It’s designed to protect owners from personal liability while offering flexible taxation options.
What is a Limited Liability Company (LLC)?
''In real time. At the incredible speed of now. We are _____. The go-getters.''
What is UBER?
A U.S. financial institution that is a leading global investment bank, asset manager, and also advises on mergers and acquisitions worth billions annually.
What is Goldman Sachs?
Responsible for managing a company's overall operations. This may include delegating and directing agendas, driving profitability, managing company organizational structure, strategy, and communicating with the board.
What is a Chief Executive Officer? (CEO)
A business and everyday term that means something provides good value for the money spent — it achieves the desired result without unnecessary cost.
What is cost-effective?