1.5.4 Forms of business
Across
- 3. cost The cost of the next best alternative foregone/sacrifice cost
- 4. A return on share investment, paid to shareholders if the company makes a profit
- 6. A business organisation with a single owner
- 7. When a company "goes public" and offers shares to the public for the fisrt time. Also know as IPO (initial public offering)
- 9. A legal status which means that the owner of a business is personally liable for all business debts
- 10. Represents ownership, issued by companies
Down
- 1. A business organisation that is usually owned by 2-20 people
- 2. A business that trades with the objective of improving human or environmental well-being
- 5. A business model in which a business allows another to trade under their name
- 8. An abbreviation for a private limited company