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ch 5
Question | Answer |
---|---|
contingent worker | one who has no explicet or implicet contract |
intermediaries | businesses involved in selling the goods and services |
service business | carries out activites that are consumed by its costomers |
what is a proprietorship | business owned and run by just one person |
partnership | owned by two or more people |
corporation | legal entity formed by doc |
partnership agreement | written agreement among all owners |
articles of incorporation | written legal doc that defines ownership |
mission statement | short specific written statement |
goal | precise statement of results the business expects. |