Sole proprietorship
A business owned and operated by a single person
What is sole proprietorship
A type of business organization owned by many people but treated by laws as though it were person
What is corporations
Association of workers organized to improve wages and working conditions
What is labor union
When management closes a workplace to prevent union members from working
What is lockout
The obligation business have to pursue goals that benefit society as well as themselves
what is social responsibility
The money used to run or expand a business
What is financial capital
A government document granting permission to organize a corporation
What is charter
State laws forbidding unions from forcing workers to join
What is right to work laws
A court order to stop some kind of action
What is injunction
An organization established by a company or an individual provide money for a particular purpose especially charity or research
What is foundation
The legal responsibility for something such as an action or a debt
What is Liability
The people elected by the shareholders of a corporations to act on their behalf
What is board of directors
Process by which unions and employers negotiate the conditions of employment
What is collective bargaining
Situation in which union and company officials bring in a third party to try to help them reach an agreement
What is meditation
The process of making business deals or conditions more visible to everyone
what is transparency
To seek information or advice from a person or resource
What is consult
A company that has permission to sell the supplier's goods or services in a particular area in exchange for a sum of money
What is franchise
When workers deliberately stop working in order to force an employers to give in to their demands
What is strike
situation in which union and company officials submit the issues they can't agree on to neutral 3rd party for a final decision
what is arbitration
very important especially for its effects on something
what is crucial
A business owned by two or more people
What is partnership
A business that does not intend to make a profit for the goods and services it provides
What is nonprofit organization
A union tactic in which striking workers walk with signs that express their grievances
what is picketing
Something that is chosen a choice
what is option
To make something known
what is reveal