| A | B |
| private comp. network similar to web pages | intranet |
| workspace assigned as needed | hoteling |
| business owned by one person | sole proprietorship |
| business that is not incorporated & 2+ owners | partnership |
| business organized under a charter | corporation |
| Provides personal liability protection to members of the company. | limited liability company |
| place business affairs are carried out | office |
| virtual office | telecommuting |
| business form that shows the "bottom line" | income statement |
| group that make decisions for a company | board of directors |
| Chief Executive Officer | CEO |