As the ____ Century begins, there are striking changes in employment and careers in the U.S.
21st
100
What are the three major forms of business ownership?
Proproetorship, Partnership, Corporation.
100
In what years do the new businesses start to fail?
First 5 years.
100
What is one who has no explicit or implicit contract for long-term employment?
Contingent worker
100
Owned by members ?
Cooperative
200
What term refers to the large number of people born between 1946 to 1964?
Baby Boomers
200
A business owned and run by jsut one person is known as ?
Proprietorship
200
The obligation to complete specific work is ?
Responsibility
200
What carriers out activities that are consumed by its customers?
A Service business
200
A short , specific written statement ?
Mission statement
300
What is the average age of U.S. workers in 2010?
40 years.
300
What should an owner consider when their business is just started?
The form of Ownership
300
The direction for a business comes from ?
Policies and Procedures
300
Legal entity formed by documents filed with your state?
A Corporation
300
What is taking responsibility for the results achieved?
Accountability
400
What was thought that would allow people work fewer hours?
Technology
400
What are other specialized forms of business ownership?
Limited liability partnership,
Joint venture, S-corporation,
limtied liability company and
nonprofit corporation
400
Which of the following is not on an organizational chart?
Job Descriptions
400
Business controlled and owned by two people who entered a written agreement?
Partnership
400
A diagram that shows the sturcture of an organizations?
Organization chart
500
How many business activites are there?And what are they ?
6.
-Generating ideas , Raising Capital , Employing and training personnel , Buying goods and services , Marketing Goods and Services , and Maintain Business Records.
500
Who are the people that make the major policy and financial decisions in a corporation are?
Board of Directors.
500
What problems can result from the use of a functional organizational structure?
Have less interaction with others.
500
A written agreement among all owners is?
Partnership greement
500
Is structured around specific projects, products, or customer groups?