Study Guide for business

Study Guide for - Study Guide Business 101 Merger the joining together of two companies to form a new company • Horizontal merger this causes a

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Study Guide: Business 101 Merger - the joining together of two companies to form a new company. Horizontal merger- this causes a monopoly between different businesses. Vertical merger- one company in one phases of a business and buys a company in another phase; different but related. Conglomerate merger- acquiring unrelated businesses. Social responsibility - a businesses responsibility to society. Ex. Good business. “Caveat emptor” = “let the buyer beware” Types of business ownerships : franchises/syndicates Syndicates - a temporary association, also to perform a specific task that includes a large amount of capital (money). Franchises - licenses to operate an individually owned business as if it were part of a chain. Corporate charter - in your state. A contract between a corporation and the state. Common stock - has the right to vote on corporate matters. Preferred stock - don’t have these rights. Proxy
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This note was uploaded on 04/07/2008 for the course BUS 101 taught by Professor Staff during the Spring '08 term at VCCS.

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Study Guide for - Study Guide Business 101 Merger the joining together of two companies to form a new company • Horizontal merger this causes a

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