Chapter 5 Vocabulary

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Across
  1. 5. Stock shares that give owners limited voting rights
  2. 6. Merger merger that combines unrelated firms
  3. 8. firm whose products are sold to customers by the franchisee
  4. 10. Liability Company (LLC) secures the corporate advantage of limited-liability
  5. 12. Capital money invested in a business by another business firm or group
  6. 14. contractual business arrangement between a manufacturer and a dealer
  7. 15. Corporations organizations whose goals do not include securing a profit
  8. 16. Proprietorship business ownership in which there is no legal distinction between the sole proprietorship’s status as an individual and his or her status as a business owner
  9. 18. owners of a corporation due to their purchase of stock in the corporation
  10. 20. Merger merger that combines firms operating at different levels
  11. 21. Venture partnership between companies formed for a specific undertaking
  12. 23. Stock shares that give owners voting rights but only residual claims
  13. 25. Ownership business ownership in which workers own shares of company stock
  14. 26. Business Administration (SBA) principal government agency concerned with helping small U.S. firms
Down
  1. 1. Business firm operated from the residence of the business owner
  2. 2. of Directors governing body of a corporation
  3. 3. legal organization with assets and liabilities separate from those of its owner
  4. 4. agreement in which two or more firms combine to form one company
  5. 7. Merger merger that joins firms in the same industry
  6. 9. Corporation type of for-profit-corporation that includes a positive impact on society and the environment
  7. 11. Plan written document that provides orderly statement of a company’s goals, methods and standards
  8. 13. association of two or more persons who operate a business
  9. 17. agreement in which one company purchases another
  10. 19. Business independent business with fewer than 500 people
  11. 22. Incubator or accelerator local programs designed to provide low-cost shared business facilities
  12. 24. small-business loans often used to buy equipment or operate a business