Business Vocabulary

5. The struggle between businesses to win over customers and sales.
6. A business that buys large quantities of goods and resells them to retailers.
7. The process of recording and reporting the financial position of a business.
9. A person who risks time and money to start and manage a business.
10. The moral principles that guide the way a business or person behaves.
15. A period of temporary economic decline during which trade and industrial activity are reduced.
17. The money, buildings, and equipment used to run a business.
18. The legal responsibility for the debts or obligations of a business.
19. The total amount of money a business receives from selling goods or services.

1. Something that encourages a person to take a certain action, like a sale or a bonus.
2. The stock of goods or materials that a business holds for sale.
3. A person or business that creates goods or provides services.
4. A portion of a company's earnings paid out to its stockholders.
8. The money left over after all business expenses have been paid.
11. A person who purchases and uses goods or services.
12. The basic economic problem of having unlimited wants but limited resources.
13. A business owned and operated by two or more people.
14. The process of creating a unique name and image for a product in the consumer's mind.
16. The process of creating, promoting, and distributing products to consumers.
17. A business owned by stockholders and treated by law as a single entity.