Business Terms

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Across
  1. 5. plan,A set of documents that outline the essential financial facts about a new firm or venture
  2. 7. owner’s claims to the assets of a business
  3. 8. that gathers raw goods
  4. 11. makes finished products out of processed goods.
  5. 14. of economic activity
  6. 15. of how society satisfies their wants and needs through making choices
  7. 17. shortage of resources
  8. 21. ,general increase in the cost of goods and services
  9. 23. commerce,Electronic commerce, or business conducted on the Internet
  10. 29. that is registered by a state and operates apart from its owners
  11. 31. resources,Raw materials from nature used to produce goods
  12. 34. limits on foreign trade to protect domestic businesses
  13. 39. in business activity after a recession
  14. 40. advantage,company's ability to produce a particular good more efficiently than another
  15. 42. about population
  16. 44. raw materials into more finished products.
  17. 46. left over after a business has paid the cost of providing its goods and services.
  18. 49. process of achieving company goals by planning, organizing, leading, controlling
  19. 50. of production,All the economic resources necessary to produce a society’s goods and services
  20. 51. ,Money spent on something like rent; (bill)
  21. 52. mix,The four main elements of marketing, also called the four Ps
Down
  1. 1. of goods and services that producers will provide at various prices
  2. 2. business distributes goods; known as distributors.
  3. 3. cycle,The rise and fall of economic activity over time
  4. 4. placed on import
  5. 6. direction and vision by management
  6. 9. person who recognizes a business opportunity and takes a risk to start a business
  7. 10. placed on imports to increase their price in the domestic market
  8. 12. specifying how money will be issued or spent during a particular period
  9. 13. domestic product, total value of the goods and services produced in a country in a year
  10. 16. ,Study of how money is managed and acquired
  11. 18. between businesses to win customers
  12. 19. supplied by investors, banks, or owners of a business
  13. 20. goods from a wholesaler and sells them to consumers
  14. 22. or other items of value owned by a business
  15. 24. amount of money given or asked for when goods and services are bought or sold
  16. 25. commercial activity that seeks profit by providing goods and services to others in exchange for money.
  17. 26. making customers aware of a product
  18. 27. of trade,The difference in value between a country’s imports and exports over a period of time
  19. 28. liability,holds the owner fully responsible for a company’s debts
  20. 30. or quantity of goods and services that consumers are willing to buy at various prices
  21. 32. to use the brand name and sell the products or services of a company
  22. 33. of planning, pricing, promoting, selling, and distributing ideas, goods, and services
  23. 35. that businesses perform for consumers
  24. 36. resources,Individuals who make goods and services for which they are paid
  25. 37. marketing,Marketing that helps companies focus on the people most likely to buy their goods or services
  26. 38. slowdown of economic activity
  27. 41. economy,economic system where buyers and sellers meet to exchange goods and services
  28. 43. responsibility,The duty to do what is best for the good of society
  29. 45. economy ,The interconnected economies of the nations of the world
  30. 47. research,gathering and analyzing information about the preferences of consumers
  31. 48. proprietorship,business owned by only one person