| Term | Definition |
| Contingent worker | A person who has no explicit or important contract for long term employment. |
| Intermediaries | Are business involved in selling the goods and services of producers to consumed by its customers. |
| Service business | Carries out activites that are consumed by its customer. |
| Proprietorship | A business owned and run by just one person. |
| Corporation | A separate legal entity formed by documents filed with your state. |
| Partnership agreement | A written agreement among all owners. |
| Articles of incorporation | A written legal document that defines ownership and operating produceres and condtions for business. |
| Franchise | A written contract granting permission to operate a business to sell products and services in a set way. |
| Mission statement | The direction dat the business comes from. |
| Goal | A precise statement of results the business expects to achieve. |
| Produres | Descriptions of the way work is to be done. |
| Organization Chart | A diagram that shows the structure of an organization, classifications of work and jobs,and the relationships among those classifications. |