Business Essentials Review 1/2
Across
- 2. the study of how individuals behave when it comes to satisfying their unlimited wants and needs with limited resources.
- 8. A government agency that helps small business owners with resources to help them start up and run their business.
- 9. Acting in ways consistent with what society and individuals typically think are good values.
- 11. work that businesses perform for consumers.
- 13. Business that seeks to make profit.
- 17. to help people improve their lives by providing goods and services they value more highly than their other options.
- 18. The contest between businesses to win over consumers
- 20. Someone who is hired to work for someone.
- 22. The process of recognizing a business opportunity, starting the business based on the recognized opportunity, and operating and maintaining that business.
- 24. an individual who buys goods and services from businesses.
- 25. A business that is owned by many people who are also stakeholders.
- 26. the activity of producing and selling of goods or services and making them available to all consumers.
- 27. An organization created whose purpose is something other than making a profit.
Down
- 1. A business owned by one person.
- 3. Being legally responsible for something.
- 4. A business that was created for expanding an original business, but opening in a new location, and where you are required to sell goods and services a certain way.
- 5. to sell you goods and services in order to try and add value to society.
- 6. The quality of being honest and having strong moral principles; moral uprightness.
- 7. products created by businesses that you can physically touch and see.
- 10. Limited Liability Company
- 12. is the activity of making profit by producing and selling consumers goods and services in exchange for money.
- 14. Someone who starts up their own business and takes on all the risks and rewards. Entrepreneurs are the decision maker and they decide what, how, and how much of a good or service will be produced.
- 15. Items that people can use to make or obtain what they need and want.
- 16. the money businesses get to keep after paying off expenses. Profits are a measure of the value it creates in society.
- 19. A business form consisting of one or more persons and this type of business helps protect owners personal assets.
- 21. a business owned by two or more people and they share the profit.
- 23. Money, Labor, and Materials