Project 3

4. advanced skills & education, white collar jobs
6. very few stockholders
9. a merger of 3 or more unrelated businesses
10. no specialized skills
13. minimal skills; might need to know how to use equipment for example
14. No owner, often run by a board
15. a semi-independent business that pays a parent company
18. a company headquartered in one country, but operating in many
19. a business organization owned and operated by a group of individuals for their shared benefit
20. Business owned by one person

1. stocks bought and sold in financial markets
2. when two or more firms competing in the same market join
3. purpose is to increase wages and better the working conditions of the members
5. referred to as contingency employment
7. One person hold the liability and the other invests the money
8. Function like a general partnership but each partner only has a limited amount of liability
11. specialized abilities, need little supervision
12. when two or more companies in different parts of production join together
16. a business owned by two or more people
17. Can be harmful to the company and to the workers, it is sometimes decided by who can hold out the longest and get the public’s support