Show:
Sole Prop. Partnerships and Franchises
Corporations and Multi-nationals
Non-profits and Cooperatives
Labor Market Trends
Organized Labor
100
A business owned and managed by a single individual
What is a sole proprietorship?
100
A certificate representing ownership in a company
What is a stock?
100
A retail outlet owned and operated by its members for its members
What is consumer cooperative?
100
All non-military people who are employed or unemployed make up this
What is the labor force?
100
An organized work stoppage intended to force an employer to address union demands
What is a strike?
200
Payments to employees other than wages or salaries
What are benefits?
200
A legal entity owned by stockholders
What is a corporation?
200
Organizations such as museums, the Red Cross, and churches that promote a benefit to society.
What is a non-profit?
200
The reason why companies use an outside supplier to do jobs that used to be done by a company's own workers.
What is- to save money? Labor is cheaper overseas.
200
A person who performs manual labor for a hourly wage is sometimes called this.
What is a blue-collar worker?
300
If a sole proprietorship fails, the owner of the business must pay_______________
What are debts (all)?
300
This word means that stockholders in a corporation can only lose money they have invested in stocks not personal savings
What is limited liability?
300
A common financial characteristic of all non-profit organizations
What is that they pay no income taxes?
300
Employed or Unemployed? A retiree who continues to serve of a board of directors.
What is unemployed.
300
the process by which union and company representatives meet to negotiate a new labor contract
What is collective bargaining?
400
A business that pays fees to a parent company.
What is a franchise?
400
A license to form a corporation issued by the government?
What is a certificate of incorporation?
400
Cooperative organizations are controlled by this group
What are its members?
400
To offset rising benefit costs, many employers do this.
What is temporary/contingent/contract workers
400
This is considered to be a negative impact of a strike for an employer
What is loss of profits?
500
A major advantage that a partnership has over a sole proprietorship.
What is shared responsibility?
500
This is the percentage of net income earned in the United States that is generated by corporations
What is 60% or net income?
500
An agricultural marketing organization that helps its members sell its products is called this.
What is a producer cooperative?
500
Employed or Unemployed? full time students with part time jobs
What are unemployed
500
This is one of the reasons suggested for the decline in union membership in the US.
What is laws put in place, service industry jobs, etc...