The Term "Business" Typically Includes Large Organizations, Such as General

question 47

True/False

The term "business" typically includes large organizations, such as General Motors), which seek a profit, but does not include individuals who are self-employed, e.g., a carpenter, or a beautician who operates a shop in her home.

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Definitions:

Skilled Labor

Workers who have specialized training or skills, often acquired through education or on-the-job training, required to perform specific tasks or jobs.

HR Management

The practice of recruiting, hiring, deploying, and managing an organization's employees.

Cultural Values

The core principles and ideals upon which an entire community exists and makes decisions, affecting behavior, traditions, and expectations.

High On Trust

A situation or environment where there is a strong belief in the reliability, truth, ability, or strength of someone or something.