resource manage. quiz choosing a career part 1

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Last updated 2:46 AM on 9/24/26
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8 Terms

1
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franchice

you pay a royalty and fee for the right to do a business under the franchises name and system (McDonalds)

2
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entrepreneur

person who operates a business taking a greater than normal financial risks to do so (hairdressers, photographers)

3
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sole proprietors

owing an unincorporated business solely. owner pays personal income tax on profits earned (local boutiques)

4
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partnership

formal agreement between 2 or more parties to jointly manage and operate a company (Red bull & go pro)

5
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corporations

legal and separate and disinct entity form owners (Microsoft)

6
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internship vs apprenticeship

short-term experience offered by companies; paid or unpaid

system from training a new generation of practioners of a trade or profession; on-the-job training

7
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private employment agencies vs temp- agency

match workers with job openings; cost the job seeker a fee

connects workers to employers for a temporary time/contract known as staffing agnecies, costs to enroll

8
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resume vs cover letter

breif summary of your job qualification, including education, training, job skills, and work expereience

letter of intro; explains why you are applying for the job and why you are right for the POS.