Match Each of the Following Terms with the Appropriate Definition

question 21

Short Answer

Match each of the following terms with the appropriate definition.Use each term only once.
A.Sole proprietorship
B.Partnership
C.Corporation
D.For-profit company
E.Not-for-profit company

-------------1. A company with the goal of maximizing the owners' wealth
-------------2. An organization that exists to provide goods and services to a target group at a reduced cost or no cost
-------------3. A company owned by two or more individuals
-------------4. This type of organization is taxed twice; first as a business and second when shareholders receive dividends
-------------5. A company with one owner

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Definitions:

Pleasure Principle

A concept in psychoanalytic theory that describes the instinctual seeking of pleasure and avoiding of pain to satisfy biological and psychological needs.

Personality Theory

A framework for understanding the thoughts, emotions, and behaviors that make up an individual's personality.

Gratification

The state of being satisfied or receiving pleasure from something, often linked with the fulfillment of desires or needs.

Pleasure Seeking

The motivation or action taken with the primary goal of achieving personal gratification or enjoyment.