| A | B |
|---|
| A business owned and controlled by two or more people who have entered into a written agreement | Partnership |
| A short, specific written statement of the reason a business exists and what it wants to accomplish | mission statement |
| One who has no explicit or implicit contract for long-term employment | contingent worker |
| Descriptions of the way work is to be done. | procedures |
| A specific statement of results the business expects to achieve | goal |
| a written legal document that identifies ownershp and operating procedures and conditions for the business. | articles of incorporation |
| Business involved in selling the goods and services of producers to consumers and other businesses. | intermediaries |
| A separate legal entity, formed by documents filed with the state, which is owned by one or more shareholders and managed by a board of directors. | corporation |
| A written contract granting permission to operate a business to sell products and services in a prescribed way. | franchise |
| A business that completes activities that are consumed by customers rather than offers products for sale | services business |
| A business owned and controlled by just one person. | proprietorship |
| W ritten agreement among all owners that specifies the rules and procedures that guide ownership and operations. | partnership agreement |
| Guidelines used in making consistent decisions. | policies |
| A diagram that shows the structure of an organization, classification of jobs, and teh relationships among those classifications. | organization chart |
