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Marketing principles
Term | Definition |
---|---|
Functions of Business | to operate a business can be divided into a number of functional areas management, operations, marketing, accounting,and finance. |
Business Ethics | form of applied ethics or professional ethics that examines ethical principles and moral or ethical problems that arise in a buisnessenvironment |
Corporate Social Responsibility | an organizations responsibility to create business value by caring for well being of all stakeholders including the environment |
Sole Proprietor | Owned by one person,the individual who has day to day responsibility |
Corporation | A company or group of people authorized to act as a single entity and recognized as such law |
Partnership | A partnership is a specific kind of legal relationship formed by the agreement between two or more individuals to carry on a business |
Shareholder | an owner of shares in a company |
Management | the people in charge of running a company or organization ,regarding collectivist |