What Proportion of Texas Workers Belong to Labor Unions

question 18

Multiple Choice

What proportion of Texas workers belong to labor unions?

• A) 50%
• B) 25%
• C) 10%
• D) 5%

Understand the importance and components of a business code of ethics.

Comprehend the laws and regulations that govern business activities.

Identify and explain the forces of competition within industries.

Distinguish between business plans and strategic plans and their purposes.

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Definitions:

Sole Proprietor

The single person at the head of a sole proprietorship.

Cooperatives

A business organization owned and operated by a group of individuals for their mutual benefit.

S Corporation

A special designation for a corporation that elects to be taxed as a pass-through entity, avoiding double taxation on the corporate income.

Franchisee

The seller of goods or services under a trade name or trademark in a franchise.