Business Vocab

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Across
  1. 1. Corporation that issues stock to only a few people, often family members
  2. 4. Nonprofit organization that promotes collective business interests for a city, state, or other geographical area, or for a group of similar businesses
  3. 6. A semi-independent business that pays fees to a parent company in return for the exclusive right to sell a certain product or service in a given area
  4. 9. Resources extracted from our environment and considered essential "building blocks" of any economy
  5. 10. A partnership agreement
  6. 12. Agricultural marketing cooperative that helps members sell their products
  7. 14. A certificate issued by a corporation, which promises to repay with interest the amount it borrowed from the buyer
  8. 15. Payment other than wages or salaries,
  9. 17. Authorization to start a business issued by a local government
  10. 18. Money and other valuables belonging to an individual or business
  11. 21. Cooperative that provides a service, rather than a good
  12. 22. The legally bound obligation to pay debts,
  13. 23. A resource society can use to make goods and services, land, labor, capital, and entrepreneurship
  14. 25. Larger corporation that produces and sells its goods and services throughout the world
  15. 29. License to form a corporation issued by state government
  16. 30. The combination of two or more firms involved in different stages of producing the same good or service
  17. 32. Law in a city or town that designates separate areas for residency and for business
  18. 34. A business organization owned and operated by a group of individuals for their mutual benefit
  19. 35. Partnership in which only one partner is required to be a general partner
  20. 36. Nonprofit organization that promotes the interests of a particular industry
  21. 37. Institution that functions much like a business, but does not operate in order to generate profits
  22. 38. Nonprofit organization that works to improve the image, working conditions, and skill levels of people in particular occupations
  23. 39. The combination of two or more firms competing in the same market with the same good or service
  24. 40. Partnership in which all partners are limited partners
Down
  1. 2. Individuals who combine the land, labor, and capital into new products, ideas, or services
  2. 3. People who supply the labor to produce goods and services
  3. 5. Share of earnings given as payment
  4. 7. An establishment formed to carry on commercial enterprise
  5. 8. Partnership in which partners share equally in both responsibility and liability
  6. 11. Retail outlet owned and operated by consumers
  7. 13. Corporation that sells stock on the open market
  8. 16. A business owned and managed by a single individual
  9. 19. Act ordering common ownership interests, profit and loss sharing, and shared management and responsibilities in a partnership,
  10. 20. A legal entity owned by individual stockholders;;
  11. 24. A business organization owned by two or more persons who agree on a specific division of responsibilities and profits,
  12. 26. Business combination merging more than three businesses that make unrelated products
  13. 27. A share representing a portion of ownership in a corporation
  14. 28. Man-made resources that are used in the production of a good or service
  15. 31. The portion of corporate profits paid out to stockholders
  16. 33. When a resource can be renewed at the same rate that it is used up.