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Business/Ownership Types

Samantha Mendez Business 10th grade Inglés 8 fichas

Fichas del conjunto (8)

  1. 1provides a needed service for a fee (dog walking)Service Business
  2. 2buys finished products and resells them to individuals or other business (department stores)Merchandising Business
  3. 3buys raw materials, uses labor and machinery to transform them into finished products, sells them to individuals or other businesses (Factories)Manufacturing Business
  4. 4business owned by one person (small, privately owned business)Sole Proprietorship
    (ownership)
  5. 5business owned by two or more people who agree to operate a business (Google; started by Larry Page and Sergey Brin)Partnership
    (ownership)
  6. 6business recognized by law to have a life of its own (Coca-Cola)Corporation
  7. 7where the owners are not personally liable for the company's debts or liabilities. A combination of a corporation and sole proprietorship or partnership (Amazon)Limited Liability Corporation
  8. 8Person who forms ideas for products or services into real-world businesses; may be a small business owner ( Bill Gates; co-founder of Microsoft)Entrepreneur

Información

Descripción
3 Business types and 4 ownership types with examples in parentheses
Creado por
Samantha Mendez · mar 2021
Actualizado
4 mar 2021
Visitas
36
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