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