| A | B |
|---|
| Contingent Worker | One who has no explicit or implicit contract for long-term employment. |
| Intermediaries | Businesses involved in selling the goods and services of producers to consumers and other businesses. |
| Service Business | A business that carries out activities that are consumed by its customers. |
| Proprietorship | A business owned and run by just one person. |
| Partnership | A business owned and controlled by two or more people who have entered into an agreement. |
| Corporation | A separate legal entity formed by documents filed with a state. It is owned by one or more shareholders and managed by a board of directors. |
| Partnership Agreement | A written agreement among all owners. |
| Articles of Incorporation | A written legal document that defines ownership and operating procedures and conditions for the business. |
| Franchise | A written contract granting permission to operate a business to sell products and services in a set way. |
| Mission Statement | A short, specific written statement of the reason a business exists and what it wants to achieve. |
| Goal | A precise statement of results the business expects to achieve. |
| Policies | Guidelines used in making consistent decisions. |
| Procedures | Descriptions of the way work is to be done. |
| Organization Chart | A diagram that shows the structure of an organization, classifications of work and jobs, and the relationships among those classifications. |
