 | Term | Definition |
| |
articles of incorperation |
a written legal document that defines ownership and operations procedures and conditions for business |
| |
contengent worker |
has no implicit or explicit contract for long term employment |
| |
corperation |
a seperate entity formed by legal documents filed by your state |
| |
franchise |
a written contract granting promission to operate a business to sell product and srivces in a set way |
| |
goal |
what the company wants to reach |
| |
intermediaries |
are businesses involved in selling the goods and services of producers to consumers |
| |
missions statment |
a brief, written statment that tell why the company was made |
| |
partnership |
a business owned by 2 or more people who have entered a written agree ment |
| |
partnership agreement |
written agreement among all owners |
| |
proprietorship |
business owned and ran by a single person |
| |
policies |
guidelines |
| |
procedures |
way work should be done |
| |
service business |
carries out activities that are consumed by consumers |
