Business Essentials-Comprehensive Exam And Verified Answers.
A business owned and controlled by two or more people who have entered into a written agreement is - Answer Corporation A short, specific written statement of the reason a businesss exsits and what it want to accomplish is a - Answer Mission Statment One who has no explict or implicit contract for long-term employment is - Answer Contingent Worker Descriptions of the way work is to be done is a(n) - Answer Procedure A specific statement of results the business excepts to achieve is - Answer Goals A written legal document that identifies ownership and operating procedures and conditions for the business is - Answer Articles of Incorporation A business owned and controlled by just one person is called a - Answer Proprietorship A diagram that shows the struture of an organization, classifacation of jobs, and the relationships among those classifacations is known as - Answer Organizational Chart Someone who has advanced math training and calculates the risks based on loss percentages and determines insurance rates and premiums - Answer Actuary A representative of an insurance compant who sells insurance contracts (policies) and provides customer services. He/she must be licensed by the state in which the policy is sold - Answer Agent
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