Business Management Vocabulary Crossword

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Across
  1. 3. a business arrangement in which parties work together to achieve a common objective, but they do not form a new entity
  2. 5. the increase in company’s revenue as a consequence of its own business activities, without the action of buying or forming a business relationship with other companies
  3. 8. the increase in company’s revenue as a consequence of buying or forming a business relationship with other companies, rather than by expanding its business activity
  4. 10. a company that operates in multiple countries spanning the globe, but is managed from one home country
  5. 11. a business arrangement in which one party permits another party to use its trademark to produce a good/service
  6. 12. a business arrangement in which parties agree to form a new entity in order to accomplish a specific task
  7. 14. production becomes more efficient as the number of goods being produced increases (the reduction of production costs that is a result of selling goods in large quantities)
Down
  1. 1. increase in cost of production that is the consequence of an increase in the total amount of a goods that is being produced
  2. 2. a situation where two separate organizations merge in order to function as a single new entity
  3. 4. the party that allows another party (a franchisee) to run a branch of its business
  4. 6. the party that purchases a franchise
  5. 7. a situation where one organization takes over another and establishes itself as the new owner. from a legal perspective, the targeted company ceases to exist, as the buying company absorbs it
  6. 9. interdependence of nations through free trade; a worldwide movement towards economic, financial, trade and communications integration
  7. 13. assertion of control over another organization