Match the Term with Its Definition

question 141

Essay

Match the term with its definition.Some terms may not be used.
a.advisory board
b.corporation
c.management team
d.organizational test
e.partnership agreement
f.piercing the corporate veil
g.preemptive right
h.reciprocation
i.stock certificate
j.strategic alliance
-A document that states explicitly the rights and duties of partners

---

Definitions:

Entropy Effect

In thermodynamics, it refers to the measure of disorder or randomness in a system; metaphorically used in various fields to describe chaos or decline.

Classical Economists

Economists from the 18th and 19th centuries who believed in free markets, limited government intervention, and self-regulating economies.

Market Forces

The economic factors affecting the price, demand, and availability of goods and services in a market economy, primarily supply and demand.

Full Employment

A situation in which all available labor resources are being used in the most economically efficient way, typically characterized by the absence of cyclical unemployment.