Topic 5

4. have less pay and benefits.
8. use strikes to accomplish their goals.
9. advantage stockholders.
10. two or more firms join together.
11. to Work gives people the option to join a union or not.
12. when mediation does not work.
14. with no owner often run by a board.
15. Business owned by 2 or more people who agree on a division of responsibility and profits.
17. Business owned by one person.
18. came out of changes in working conditions brought on by the Industrial Revolution
19. advance skills and education.
20. need to know how to use equipment

1. operation owned by a group of individuals for shared benefits.
2. Function like a general partnership but each partner only has a limited amount of liability.
3. unions and management negotiating labor laws.
5. specialized abilities.
6. is the most complex form of business.
7. no specialized skills
13. 27 million of the workers are .
16. semi independent business that pays fees to a parent company.