Chapter 5 Vocab

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