1.01 - 1.05 Vocab Quiz

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Across
  1. 3. company a company in which the shareholders cannot be assessed for debts of the company beyond the sum they still have invested in the compan
  2. 5. proprietorship A business owned by one person
  3. 7. an association of individuals, created by law or under authority of law, having a continuous existence independent of the existences of its members, and powers and liabilities distinct from those of its members
  4. 9. a person who organizes and manages any enterprise, especially a business, usually with considerable initiative and risk
  5. 11. trade-name franchise A franchise arrangement based on an independent sales relationship between a franchisor and franchisee to stock and sell a specific line of goods; also known as dealership or exclusive distributorship
  6. 15. the state or condition of being a partner; participation; association; joint interest.
  7. 16. an employee of a large corporation who is given freedom and financial support to create new products, services, systems, etc., and does not have to follow the corporation's usual routines or protocols
  8. 18. moral principles, as of an individua
  9. 19. an act or instance of combining or consolidating into a single or unified whole; the state of being consolidated
  10. 20. to venture upon; take or run the chance of
  11. 21. conventional requirements as to social behavior; proprieties of conduct as established in any class or community or for any occasion
  12. 22. a person who has control or direction of an institution, business, etc., or of a part, division, or phase of i
Down
  1. 1. the state or quality of being objective
  2. 2. Owner An individual who owns a business venture to generate income without intentions of growing or expanding the business
  3. 4. the act of innovating; introduction of new things or methods
  4. 6. worldwide integration and development
  5. 8. a system of moral principles
  6. 10. the state or quality of being expanded.
  7. 12. any combination of two or more business enterprises into a single enterprise
  8. 13. the right or license granted by a company to an individual or group to market its products or services in a specific territory
  9. 14. franchise Franchisee pays for the right to use the name, trademark, and business and production methods of the franchise
  10. 17. a law, rule, or other order prescribed by authority, especially to regulate conduct: