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Business Principles Word Power List 4

AB
quotalimits placed on the quantity or value of units permitted to enter a country
embargoa process in which the government bars companies from doing business with particular companies
intrapreneuran employee who is given funds and freedom to create a special unit or department for product/service development
sole-proprietorshipa business owned and managed by one person
corporationa business owned by a group of people and authorized by the state
Stockholdersowners of a corporation
creditorperson or business to which money is owed
chartercertificate of incorporation
self actualizationthe need to grow emotionally and intellectually and to achieve your full potential
depreciationgradual loss of an asset's value due to age and wear



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