Topic 5 Vocab

3. workers More and more businesses are using temporary workers referred to as contingency employment
4. Proprietorship Business owned by one person
6. Levels The gap is referred to as the glass ceiling
9. force All non military people who are employed or unemployed
11. Rights Act Has job discrimination parts and created the equal opportunity commission
13. trends As the economy changes, so does the job market
15. is a merger of three or more unrelated business jointing
16. Is a business organization owned and operated by a group of individuals for their shared benefit
17. Purpose is to increase wages and better the working conditions of the members
19. No owner, often run by a board

1. corporations Headquarter in one country, but operating in many
2. In reality very few strikes occur in the US
5. Pay Protection Act of 1963 Men and women at the same job to receive the same pay
6. Doesn't disappear with the death or retirement of the owner
7. Believe these laws give workers in unionized setting the benefits of a union without having to pay dues
8. Business owned by 2 or more people who agree on a division of responsibilities and profits
10. process Collective bargaining is the term for unions and management negotiating a new labor contract
12. Semi independent business that pays fees to a parent company for the exclusive right to sell something in an area
14. Most complex form of business
18. Mergers Help corporations grow