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16 Cards in this Set
- Front
- Back
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Top Level of Management
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The highest ranking executive title given to the highest managing director(s)
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Mid Level of Management
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The next level of managing, under the executive power and is the next level of power
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Producers
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Produce products for sale purposes
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Service Businesses
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Businesses that produce services that people need done(i.e. Contractor, etc.)
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Intermediary
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A business that works between two other businesses.
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Sole Proprietorship
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A business owned by a single person.
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Limited Liability Partnership
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Company owned multiple people but the people are only reliable for their actions
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General
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A Company where the company is owned by 2 or more people
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Dormant
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Also considered an investor, they own part of the company but choose not to be a part of its management, but is still in the face of the company.
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Silent
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Also an investor without any actions but less in the "spotlight"
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Secret
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A business owner who is involved but not displayed in the main management of the organization
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Limited
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Not active in the business and known to the public
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Cooperative
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Formed by a group of individuals or businesses to serve their needs in order to gain bargaining power against bigger businesses
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Joint Venture
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A unique business organized by two or more other businesses to operate for a limited time and for a specific project.
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Limited Liability Corporation
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Form of business ownership that provides liability protection for owners.
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Subchapter/S Corporation
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Treats partners as individuals by taxing them once
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