1.5.4 Forms of business

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