Save
Busy. Please wait.
Log in with Clever
or
show password
Forgot Password?
Don't have an account?  Sign up 
Sign up using Clever
or
Username is available taken
show password


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account. Your email address is only used to allow you to reset your password. See our Privacy Policy and Terms of Service.

Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.
focusNode
Didn't know it?
click below
 
Knew it?
click below
Don't Know
Remaining cards (0)
Know
0:00
edit
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

Chapter 6

TermDefinition
Sole Proprietorship A business owned by only one person.
Unlimited Liability A liability that holds the owner fully responsible for a company's debts.
Partnership A business owned by two or more people who share its risks and rewards.
Corporation Company that is registered by a state and operates apart from its owners.
Limited Liability A claim that holds a firm's owners responsible for no more than the capital that they have invested in it.
Cooperative Organization that its owned and operated by its members.
Nonprofit Organization A type of business that focuses on providing a service rather than making a profit.
Franchise Contractual agreement to use the name and sell the products or services of a company in a designated geographic area.
Producer A business that gathers raw products in their natural state.
Processor Businesses that change raw materials into more finished products.
Manufacturer Businesses that make finished products out of processed goods.
Intermediary A business that moves goods from one business to another.
Wholesaler A business that distributes goods; also known as distributor.
Retailer A business that purchases goods from a wholesaler and sells them to the consumer, the final buyer of the goods.
Production The process of creating, expanding, manufacturing, or improving goods and services.
Procurement The buying and reselling of goods that have already been produced.
Marketing The process of planning, pricing, promoting, selling, and distributing ideas, goods, and services.
Management The process of achieving company goals by planning, organizing, directing, controlling, and evaluating the effective use of resources.
Finance The function of business that involves money management.
Accounting The function of business that involves maintaining and auditing records, sending out and paying bills, and preparing financial reports for a business; The systematic process of recording and reporting the financial position of a person or an organization.
Sole Having no sharer; being the only one
Income A gain or recurrent benefit usually measured in money that derives from capitol or labor.
Partners A member of a partnership, especially in a business.
Regulates To bring under the control of law or constituted authority.
Distributes To divide among several or many.
Tasks A usually assigned piece of work often to be finished within a certain time.
Functions The action for which a person or thing is specially fitted or used or for which a thing exists.
Involves To engage as a participant.
Created by: JayceeJohnson
Popular Computers sets

 

 



Voices

Use these flashcards to help memorize information. Look at the large card and try to recall what is on the other side. Then click the card to flip it. If you knew the answer, click the green Know box. Otherwise, click the red Don't know box.

When you've placed seven or more cards in the Don't know box, click "retry" to try those cards again.

If you've accidentally put the card in the wrong box, just click on the card to take it out of the box.

You can also use your keyboard to move the cards as follows:

If you are logged in to your account, this website will remember which cards you know and don't know so that they are in the same box the next time you log in.

When you need a break, try one of the other activities listed below the flashcards like Matching, Snowman, or Hungry Bug. Although it may feel like you're playing a game, your brain is still making more connections with the information to help you out.

To see how well you know the information, try the Quiz or Test activity.

Pass complete!
"Know" box contains:
Time elapsed:
Retries:
restart all cards