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
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