Includes all independently owned firms with fewer than 50 employees.
small business
100
During the 16th,17th, and 18th century, fish, fur, and lumber were the export staples
primary industries
100
referring to the numerous branch plants of foreign multinational corporations operating in Canada, especially American ones
branch plant economy
100
each share’s portion of the corporation’s net worth
asset value
100
acts as your agent for all transactions
stockbroker
200
Occurs when a firm purchases control of another firm engaged in the production of the same product or in the provision of the same service.
Horizontal integration
200
Solely responsible for all firm’s debts and solely entitled to all the firm’s profits
Sole Proprietorship
200
drain of expertise as expert researchers and managers go abroad and to th US
brain draining
200
the value at which the share was originally issued
book value
200
were developed for people who want to own stocks but prefer not to be part of the details of busying and selling
mutual funds
300
Maintain their competitive advantage by limiting their operations to one specialized field or process.
Small business
300
a business firm legally recognized as a separate entity
corporation
300
foreign branch plants provide free access to new markets & the increased revenues these markets represent
improve their profitability
300
Corporations can obtain funds needed to finance expansion by ______ from _______ and by _______________ in their growing businesses
by borrowing from banks and by investing profits in their growing businesses
300
deal in the trading of futures contracts or options
futures markets
400
are enterprises that are not engaged in any form of industrial activity. The sole purpose of these companies is to acquire large blocks of shares in other companies in order to influence and sometimes control them.
holding companies
400
Surplus in production workers resulted in a shift from export staple production to specialized services (transportation, finance, retail, health, education, etc)
service industries
400
a firm that operates in more than one country; also commonly called multinational corporations
transnational enterprise
400
The ________________ receives periodic interest payments for a fixed interest rate
buyer or bondholder
400
acting on behalf of clients place orders with certain Nasdaq brokers (called market markers) who concentrate on trading specific stocks.
brokers
500
Firms can choose to collaborate on specific projects with competitors/suppliers- without enduring ownership struggles & investment anxieties that mergers bring.
corporate alliances
500
if one or more partners do not pay their share of the partnership’s debts, the other partners are required to do so
several liability
500
market fluctuations and political upheaval in one country may be effectively offset by stability and growth in others
financial stability of an enterprise is greatly enhanced by the geographic diversification
500
Corporations can raise investment capital by selling ____ and additional ownership ______.
selling bonds and additional ownership shares
500
A place or an institution through which commodities (standardized raw or semi-processed goods resulting from primary industrial activity) are traded in bulk.