responsible for all the sales and marketing of the companies products
What is the vice president's job?
100
It is a business owned by one person and owner receives all profits.
What is a Sole Proprietorship?
100
Gathering and analyzing information and then making decisions about all phases of the business
What is planning?
100
legal responsibilities, like debts
What are partnerships responsible for?
100
written contract granting permission to sell someone else's product or service in a prescribed manner, over a certain period of time, and in a specified territory
What is a franchise?
200
Yes, a corporation can sue and be sued
Can a corporation sue and be sued?
200
business owned by a small group of people by a written agreement. They share the profits or losses and have unlimited liability for the debts of their business.
What is a partnership?
200
one who inspires workers to willingly perform their jobs and accept their of responsibility for accomplishing the goals of the business
What is good leader?
200
By signing an agreement
How do partnerships make things official?
200
No, some fail because the business is not competitive or because it is not a good location
Do all franchises succeed?
300
Has the highest authority and is responsible to the board for their decisions.
What is the president's job?
300
written permission for a corporation to operate
What is a certificate of incorporation?
300
The process of determining what work has to be done and who is to do each job.
What is organizing?
300
The government approves them
Who approved applications to start a corporation?
300
chapter six
What chapter is this?
400
Person who divides all profits between the shareholders.
What is the corporate treasurer?
400
Business owned by a number of people and operated under written permission from the state
What is a corporation?
400
It includes all of the activities involved in finding, selecting, hiring, training, appraising, and rewarding the business's employees
What does staffing include?
400
group with responsibility to guide the operations of a corporation
What is a board of directors?
400
received the franchise from a parent company to sell its products or services
What is a franchisee
500
the corporate treasurer
Who is responsible for the president?
500
Person who buys shares of stock and become owners of corporations
What is a shareholder?
500
comparing what actually happens with what was planned
What is controlling?
500
Yes and each person's job is important to the corporation
Does each person in a corporation have a different job?