organizational structure where work is structured around specific projects, products, or customer groups

About what percentage of U.S. businesses employ more than 100 workers?

Every business performs all of the following EXCEPT

Which of the following type of business is NOT a producer?

a clear reporting relationship for all staff of a business

Who creates the products and services used by individuals and other businesses?

Which major category of business is the fastest growing in the U.S. economy?

Which is the easiest form of business to start?

Of the MAJOR forms of business ownership in the U.S., the most difficult to form is

A written legal document defining ownership and operating procedures for a corporation

Which of the following would typically NOT be specified in a partnership agreement?

the people who make the major policy and financial decisions for a corporation

a written contract granting permission to operate a business to sell products and services in a set way

a unique business organized by two or more other businesses to operate for a limited time and for a specific project

a precise statement of results a business expects to achieve

guidelines used in making consistent decisions

the right to make decisions about how responsibilities should be achieved

a worker who has no explicit or implicit contract for long-term employment

type of activities directed at providing the goods and services wanted by a business' customers

a business that takes resources from nature for direct consumption or for use in developing other products

businesses involved in selling the goods and services of producers to consumers and other businesses

a business that is a separate legal entity formed by documents filed with the state

a business owned and run by just one person

operating procedures for a corporation