COMMERCE 1E03 Study Guide - Midterm Guide: Swot Analysis, Retail, Acronym
17 Sep 2018
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Chapter 12: human resource management: finding and keeping the best employees. Chapter 13: dealing with employee and management issues and relations. Chapter 6: forms of business ownership: sole proprietorship. You (cid:272)a(cid:374)"t (cid:272)ha(cid:374)ge your (cid:271)usi(cid:374)ess to a (cid:272)orporatio(cid:374) to a(cid:448)oid payi(cid:374)g (cid:272)ertai(cid:374) partnership or sole proprietorship taxes. Private companies that provide services (i. e accountants) *know the different types of corporations and what they mean for the exam* Process and policies in place to determine how an organization acts with its internal and external stakeholders. Board of directors hire president, ceo, cfo and other major roles. Can be formed as a sole proprietorship, partnership or corporation. Achieves maximum market impact with a minimum investment. Run business based on the rules of franchisor. Chapter 7: entrepreneurship and starting a small business. Four factors of entrepreneurship: amount of wealth creation, speed of wealth creation, risk, innovation. Small business and entrepreneurship are used interchangeably.
