Chapter 6 Vocabulary Review
Across
- 5. The amount of money needed to open a business
- 6. The process of starting, organizing, managing, and assuming the responsibility for a business
- 8. The money needed to pay for the current operating activities of a business
- 10. An invention or creation that is brand new
- 11. A government agency that helps small business owners develop business plans and obtain financing and other support for their companies (hint: this is an abbreviation)
Down
- 1. An independent business with fewer than 500 employees
- 2. A designed change that increases the usefulness of a product, service, or process
- 3. Money needed for the main resources of a business that will last for many years
- 4. Someone who takes a risk in starting a business to earn a profit
- 7. A written description of the business idea and how it will be carried out, including all major business activities
- 9. Money provided by large investors to finance new products and new businesses that have a good chance to be very profitable