Partnership - Comprised of 2 or more people and it can be limited or general., Franchise - Runs business according to an agreement., Sole Proprietorship - Owned by one person, who performs most roles and owns everything, Corporation - Business with a legal status., Entrepreneur - A person who own, operate, and assumes risk of a business venture, Laissez-Faire - Offers little to no guidance to group and leave decision making up to group members, Leadership - A desire to make a difference, being credible, a set of principles, and being able to motivate others, Autocratic - Gives direct, clear, and precise orders with detailed instructions as to what is to be done and when, Democratic - Participates in the group and encourage workers to share in making decisions, Servant - Works for the people, Charismatic - Appeals to people’s emotional side,

Businesses and Leadership

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