ADM 1301 Study Guide - Midterm Guide: Parent-Teacher Association, Canadian Federalism, General Partnership

• School: University of Ottawa
• Department: Administration
• Course: ADM 1301
• Professor: David Delcorde

Document Summary

Note: think about business and society not so much memorizaion. Part 2: video secion complete one of two quesions. Part 3: complete any three of the ive quesions. Graded out of 50 marks: every quesion is worth 10 marks. Business: all forms of for proit business ownership. Depicts the three segments of the domesic macroenvironment. Apexs represent each segment in its purest form. All inner territory represents organizaions embodying diferent mixes of the three a variety of socioeconomic and governance relaionships. Boundaries between the three are not well-deined because they are not rigid froniers but rather wavering and coninually evolving zones of overlap, intersecion and interdependency. Sole proprietorship: the simplest form of business organizaion available to any individual who is legally able to enter into a binding contract. Filing a name declaraion is not required provided the proprietorship operates under a person"s name. Easy & cheap to start cheaper than corportaion and partnership.