Chapter 3 Edexcel business
Across
- 3. official examination of a company's financial records in order to check that they are correct
- 6. cooperative that is owned by its customers
- 7. business owned by a single person
- 8. businesses where there is no legal difference between the owner and the business
- 9. structure in which a business (the franchisor) allows another operator (the franchisee) to trade under their name
- 11. people employed in a business/used in production
- 13. owner of a business is personally liable for all business debts
- 14. cooperative of retail members, who often work together to assert their purchasing power
- 15. business that has a separate legal identity from that of its owners
- 16. organisations that give money, goods or help to people who are poor, sick or in need
- 17. business that aims to improve human or environmental well-being, charities for example
- 19. business owned by between 2 and 20 people
Down
- 1. binding legal document that states the formal rights of partners
- 2. company, factory or organisation in which all the people working there own an equal share of it
- 4. cooperative that is owned by its employees
- 5. partnership where some partners contribute capital and enjoy a share of the profit but do not take part in the running of the business
- 10. business owner is only liable for the original amount of money invested in the business
- 12. goods that are being sold
- 18. someone who introduces changes and new ideas