When a new production factory opens up, it creates air pollution to nearby communities. This is an example of

We look at different business organizations to see what?

What is the MOST COMMON type of business organization? (over 75% of all businesses)

What is the easiest business to start up?

We study MARKET STRUCTURES to look at the "amount and degree of _____" in an industry.

Which market structure is defined as "a few own many"? (This means that only a few firms control the entire industry)

When a single firm controls the industry, it is called a ________________ and most of the time we don't like them.

Some ________________ are helpful (instead of harmful) to us. For example, we all get our water from the same water company. Imagine having multiple water company providers to choose from! That would be a disaster.

Most firms are part of a _______________ market structure. Examples are Taco bell, Nike, Coca Cola, and Apple.

When different companies join together to form a single company, it is called a ____

Old Navy / Gap / Banana Republic is an example of what type of merger?

What kind of merger is this?

Many businesses, like Subway, are owned by different people, even though the businesses is identical to other locaitons. What is it called when an individual can own their own business from a parent company?

When we talk about employment rates, the term "labor force" means what?

Discrimination in the workplace is illegal. What is the name of the government agency that protects employees and investigates discrimination?

At many companies, people who have worked their the longest have more benefits. They get paid more $ and they are the least likely to get fired. What is this called?

Which employees are legally guarnateed to get paid "time and a half" when they work overtime?

Who do labor unions benefit?

People can buy a "share" of a corporation and then they own a small part of the business. What is the "share" called?