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16 Cards in this Set
- Front
- Back
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S-corporation |
A company that has no more than 100 stockholders |
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Double taxation |
an advantage of a corporation |
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Leveraged buyout |
technique used to gather enough stockholder votes to control a targeted company |
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The small business administration |
a government agency that was made to assist, council, and protect the interests of small businesses |
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SCORE |
group of retired businessmen who volunteer their time to help small-business owners |
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Small business investment company |
privately owned company that provides venture capital to small firms |
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Franchisee |
person or firm that purchases a franchise |
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Franchisor |
individual or firm that grants a franchise |
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developing relationships with their employees |
advantage a small business has |
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small-business institutes |
group of senior and graduate students who provide management counceling |
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the franchisee |
main disadvantages of franchising affect |
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objectives |
specific statements detailing what the organization intends to accomplish as it goes about its missions |
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Inventory |
what is not considered an area of specialized management |
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Interpersonal |
A manager performing the functions of figurehead, liaison, or leader is filling this role |
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Leadership |
the ability to influence others |
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Under an autocratic, communication |
usually moves from top to bottom |
