Chapter 5 Vocab

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Across
  1. 6. The demand for customer goods and services.
  2. 9. Refers to consumer willingness and ability to buy products.
  3. 13. Business owned by regular people not the government.
  4. 14. A business relation in which businesses compete to gain customers.
  5. 16. Government financed agencies Food and Drug Administration Environmental Protection Agency
  6. 17. People who buy goods from wholesalers or directly from manufacturers and resell them to the customer.
  7. 18. A document giving an inventor sole right to an item or idea.
  8. 19. Seeks to make profit from its operations.
  9. 20. Businesses choose to compete on the basis of factors that are not related to price.
  10. 21. A word name symbol sound or color that identifies a good or service.
  11. 22. The potential for loss or failure.
  12. 23. Sells its products in more than one country.
  13. 24. The amount of goods producers are willing to make and sell.
  14. 25. Consists of a group of establishments primarily engaged in producing or handling the same product or group of products or in rendering the same services.
  15. 26. Exclusive control over a product or the means of producing it.
Down
  1. 1. A business that sells its products only in its own country .
  2. 2. The process of achieving company goals by effective use of resources through planning organizing and controlling.
  3. 3. Obtain goods from manufacturers and resell them to organizational users other wholesalers and retailers.
  4. 4. To bring into existence produce
  5. 5. The discipline that keeps track of a company's financial situation.
  6. 7. To act together or towards others or with others
  7. 8. The money earned from conducting business after all costs and expenses have been paid.
  8. 10. The process of creating growing manufacturing or improving on goods and services.
  9. 11. Focuses on the sale price of a product.
  10. 12. The function if business that involves money management,
  11. 14. Involves anything that is authored by an individual such as writings books magazine articles music and network.
  12. 15. A group that functions like a business but uses the money it makes to fund the causes identified in its charter.
  13. 16. Businesses not associated with government agencies.