Business Vocabulary

3. / Agreement between 2 or more parties for a particular business.
5. / Right to use a firm's successful business model and brand for a period of time.
6. / Larger production of goods and services with an increased unit cost.
8. / Expansion of an entity by buying other companies.
9. / Development of a company by making bigger it's existing business.
11. / Agreement between 2 or more entities stating how the parties will act to achieve a goal.
13. / Combination of 2 or more companies to form 1.
14. / Gaining control of a corporation.

1. / The worldwide movement toward economic, financial, trade, and communications integration.
2. / Reduction in unit cost for buying large quantities.
4. / Organizations in 1 or countries different than the home country.
7. / Practice of the right to use a firm's successful business model and brand for a period of time.
10. / Buyer of a franchise.
12. / Gaining control of a corporation.