Business in the U.S. Economy
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| What is a contingent worker? | is one who has no explict or implict contract for long-term employment.
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| What is a service business? | carries out activities that are consumed by its customers.
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| What is a Intermediaries? | are business involved in selling the goods and services of producers to consumers and other business.
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| What is proprietorship? | is a business owned and run by just one person.
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| What is partnership? | is a business owned and controlled by two or more people who have entered into a written agreement.
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| What is corporation? | is a separate legal entity formed by documents filled with your state.
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| What is partnership agreement? | is a written agreement among all owners.
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| What is articles of incorporation? | is written legal document that defines ownership and operating procedures and conditions for the business
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| What is a franchise? | is a written contract granting permission to operate a business to sell products and services in a set way.
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| What is a mission statement? | is a short, specific, written statement of the reason a business exists and what it wants to achieve.
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Created by:
Jessica Fudge
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