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Related Flashcards
Related Topics
Cards In This Set
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Board of Directors
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Elected by the stockholders of a corporation to make major business decisions about the company.
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Charter
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Legal document that gives a corporation permission to conduct certain business activities.
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Corporation
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A business that is owned by stockholders.
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Creditors
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Persons or companies to which one owes money.
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Entrepreneur
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Person who runs his or her own business.
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Franchise
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Contract with a company to sell its goods and services within a certain area.
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Partnership
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A business that is owned by two or more persons who share in the company's management and profits.
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Proprietorship
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A business that is owned by one person who receives all the profits.
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Retailers
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Businesses that sell directly to consumers.
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Self-Employed
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Owning and operating one's own business.
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Stockholders
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The owners of a corporation who have stock or shares if ownership in the company.
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Supplier
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Person or agency that distributes goods to retailers.
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Wholesale Houses
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Businesses that sell to retailers rather than to consumers.
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