The Most Common Ways for an Entrepreneur to Become Involved

question 64

True/False

The most common ways for an entrepreneur to become involved in a small business include starting one,buying an existing one,or buying and running a franchise.

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Definitions:

Strikes

A work stoppage caused by the mass refusal of employees to work, usually in protest against work conditions, pay levels, or company policies.

Labor Unions

Labor unions are organized associations of workers formed to protect and further their rights and interests regarding working conditions, wages, and benefits.

Members

Individuals who are part of a group, organization, or community, sharing common interests or objectives.

Givebacks

Concessions made by workers to management, often in the form of reduced wages, benefits, or working conditions, typically in exchange for job security.