| A | B |
|---|
| partnership | a business owned by two or more people. |
| franchise | a contract between a parent company and a franchisee to use the name and sell the good or services of the parent company. |
| sole proprietorship | a business owned by only one person. |
| corporation | a business considered separated fromthe owners of the business by law. The owners are the stockholders. |
| multinational corporation | a company that does business and has business facilities in many countries. |
| non-profit organization | a business whose goal is to provide a service rather than to make a profit. |
| disadvantage | a weakness of the business environment. |
| advantage | a strength of the business environment. |
| stockholder | a person who owns share in the business. |
| stakeholder | a person who is at risk. |
| employee | a person who works for someone. |
