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8 Cards in this Set
- Front
- Back
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enterprise |
a term for a business organization |
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industry |
a group of one or more firms that produce identical or similar products |
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sole proprietorship |
a business owned by one person |
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partnership |
a business organization owned by two or more people who share ownership and control over the business |
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corporation |
a business organization managed on behalf of its owners who provide the funds |
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stock exchange |
a market in which the public buys and sells shares of stock |
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franchise |
a license that entitles its holders to operate his or her individually-owned business as if it were part of a large chain of stores |
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charter |
a document that states the nature of the business |
