Study

organizations

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  • A _______ ______ person is an independent contractor or sole proprietor who reports income earned from self-employment
    self-employed
  • ______ ____ are privately held entities that don’t provide financial benefits for their members or stakeholders
    Non-profit organizations
  • _______ is the legal process used to form a corporate entity or company.
    Incorporation
  • – part of a country where business is encouraged because there are fewer laws, lower taxes
    Enterprise zone
  • A _______ is a business entity that is owned by its shareholder(s), who elect a board of directors to oversee the organization’s activities.
    corporation
  • an organization or economic system where goods and services are exchanged for one another or for money
    business
  • ____ refers to the beliefs and behaviors that determine how a company’s employees and 75 manag refers to the beliefs and behaviors that determine how a company’s employees and 75 management interact and handle outside business transactions.
    Corporate culture
  • A ______ ____ ____ is a corporate structure in the United States whereby the owners are not personally liable for the company’s debts or liabilities.
    limited liability company (LLC)
  • – business activity owned by individuals, rather than the state.
    Free or private enterprise