Big Business Vocabulary
Jan 13, 2016
Big Business Vocabulary
assemblyline a way of making things that is arranged so each person performs one task again and again
mass production the production of large quantities of goods using machines and an assembly line
corporation a business in which investors own shares
stock shares of ownership a company sells in its business which often carries voting power.
shareholders a person who invests in a corporation by buying stock and is a partial owner.
dividend a stockholder’s share of a company profits
horizontalintegration the combining of competing firms into one corporation
trust a combination of firms or corporations formed by a legal agreement, especially to reduce competition
monopoly total control of a type of industry by one person or one company
verticalintegration the combining of companies that supply equipment and services needed for a particular industry
philanthropy charitable acts or gifts of money to benefit the community
merger the combining of two or more businesses into one