Chapter 1 Vocab Review

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Across
  1. 2. contracting with other companies often in other countries
  2. 3. amount of output you generate
  3. 7. people whose concerns the business needs to address
  4. 12. activity that seeks to provide goods and services to others
  5. 13. organization whose goals do not include making a personal profit
  6. 16. makes business processes more effective, efficient, and productive
  7. 17. person who takes risks
  8. 18. business's expenses are more than its revenue
  9. 19. giving authority or freedom to respond quickly to customers
  10. 20. general well-being of a society
  11. 21. tangible products
Down
  1. 1. amount of goods and services people can buy with the money they have
  2. 4. total amount of money a business takes in
  3. 5. age, race, gender, and income
  4. 6. electronic storage file for information
  5. 8. buying and selling of goods over the internet
  6. 9. land, labor, capital, entrepreneurship, and knowledge
  7. 10. chance an entrepreneur takes of losing time and money
  8. 11. intangible products
  9. 14. amount of money a business earns above and beyond what it spends
  10. 15. taking over personal information for illegal purposes