A concise statement of a business's purpose and goals.

Pbmf - Chapter 5 Vocab Flashcard Review

Flashcard
•
Business
•
10th - 12th Grade
•
Hard
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12 questions
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1.
FLASHCARD QUESTION
Front
Back
mission statement
2.
FLASHCARD QUESTION
Front
Descriptions of how work is done
Back
procedures
3.
FLASHCARD QUESTION
Front
Statement of expected business results
Back
goals
4.
FLASHCARD QUESTION
Front
Diagram showing organizational structure, job classifications, and their relationships.
Back
organization chart
5.
FLASHCARD QUESTION
Front
A contract allowing a business to sell products/services in a specific way.
Back
franchise
6.
FLASHCARD QUESTION
Front
A business owned and run by one person
Back
proprietorship
7.
FLASHCARD QUESTION
Front
Separate legal entity formed by state documents
Back
corporation
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