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10 Cards in this Set
- Front
- Back
Business franchise |
Semi-independent business that pays fees to a parent company in return for the right to sell their product in a certain area |
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Royalty |
Share of earnings given as payment |
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Cooperative |
Business organization that is owned and run by a group of individuals |
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Consumer cooperative |
Retail outlet owned and operated by customers |
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Service cooperative |
Cooperative that provides services rather than a good |
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Producer cooperative |
Agricultural marketing cooperative that helps members sell their products |
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Nonprofit organization |
Institution that functions as a business but does not generate profit |
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Professional organization |
Nonprofit organization that works to improve the image, skill, and working conditions of people in a particular occupation |
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Business association |
Nonprofit organization that promotes collective business interests for a city, state, or other areas |
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Trade association |
Nonprofit organization that promotes the interests of a particular industry |