Non Profits
Costco, BJs & Sam's Club are all examples of this type of cooperative, or co-op.
What is a consumer co-op?
A document used to keep track of a business's sales, expenses, etc.
What is an income statement?
Two reasons why companies merge?
What are: growing faster, efficiency, acquire better resources/tech/products, eliminate a rival, dominate industry, change image (ValuJet)?
The AFL-CIO and NEA use collective bargaining to negotiate for better pay, better hours and safer conditions. This is an example of.....
What is a labor union?
A non-cash charge for the general wear & tear of a capital good, it is NOT paid out (unless the machine breaks down.)
What is depreciation?
JP Morgan Bank & Chase Manhattan Bank merged into JP Morgan Chase. This is an example of what type of merger?
What is horizontal merging/horizontal integration?
Farmer's markets and Ocean Spray (owned by a group of 700 farmers) are examples of this type of co-op.
What is a producer co-op?
A reward paid by a company to its stockholders, who will often reinvest that money by buying more stock.
What is a dividend?
Carnegie Steel bought an iron ore mine, another steel mill, a railroad, cargo ships, and an advertising agency.
What is vertical merging/vertical integration?
Adoption agencies, hospitals, churches, and schools are examples of this type of nonprofit organization.
What is a community organization?
The funds a business has after it accounts for all of its expenses (including taxes and depreciation).
What is net income?
A company with offices in several different countries. BP, GM, Sony, Amazon, and Apple are examples.
What is a multinational?
A _________ promotes its companies, which are members of its organization. A Chamber of Commerce is an example of this type of nonprofit.
What is a business association?
The sum of a company's net income and depreciation (once depreciation is factored back in.) This money can be reinvested into the company.
What is cash flow?
Berkshire Hathaway is an example of this type of merger, in which a company owns at least four other types of businesses that make unrelated products.
What is a conglomerate?