Chapter 5 Vocab
Across
- 3. chart a diagram that shows structure of an organization, classifications of work and jobs, and the relationships among those classifications.
- 5. are guidelines used in making consistent decesions.
- 7. bussinesses involved in selling the goods and services of producers to consumers and other businesses.
- 10. a written legal document that defines ownership and operating procedures and conditions for the business.
- 12. carries out activities that are consumed by its customers.
- 14. a business owned and run by just one person
Down
- 1. a precise statement of results the business expects to achieve.
- 2. a written agreement among all owners.
- 4. one who has no explicit or implicit contract for long-term employment
- 6. are descriptions of the way work is to be done.
- 8. the direction for a business comes from...
- 9. a written contract granting permission to operate a business to sell products and services in a set way.
- 11. a separate legal entity formed by documents filed with your state.
- 13. a business owned and controlled by two or more people who have entered into a written agreement.