Chapter 8
Across
- 2. process of negotiating between union and management representatives
- 4. business investment that involves renting or leasing another successful business model
- 6. stock of goods held in reserve
- 8. formal contract to repay borrowed money
- 10. unincorporated business owned and operated by two or more people who share the profits and have unlimited liability for the debts and obligations of the firm
- 13. written government approval to establish a corporation
- 15. form of business organization recognized by law as a separate legal entity with all the rights and responsibilities of an individual, including the right to buy and sell property, enter into legal contracts, and to sue and be sued
- 16. situation in which a firm legally ceases to exist when an owner dies or quits, or a new owner is added
- 22. gradual wear on capital goods
- 24. corporation producing and selling without regard to national boundaries
- 25. business-sponsored nonprofit organization providing information on local companies to consumers
- 30. taxation feature of taxation that allows stockholders' dividends to be taxed both as corporate profit and as personal income
- 31. most basic form of corporate ownership
- 34. form of partnership where all partners are jointly responsible for management and debts
- 35. report showing a business's sales, expenses, and profits for a certain period
- 36. informal and usually affluent investors who provide funds to less-promising start-ups
- 37. firm with four or more businesses making unrelated products
- 38. places where entrepreneurs can receive the training and other assistance to build a successful start-up business
- 39. creator and owner of the business model that is rented
Down
- 1. unincorporated business owned and run by a single person who has rights to all profits and unlimited liability for all debts of the firm
- 3. combination of firms producing the same kind of product
- 5. using social networking to appeal to potential investors
- 7. person that invests in the business model of the franchisor with his or her own money and start-up costs
- 9. organization that works for its members' interests
- 11. people who own a share or shares of stock in a corporation
- 12. form of stock with no voting privileges
- 14. amount borrowed when getting a loan or issuing a bond
- 17. check paid to stockholders
- 18. combination of firms involved in different steps of manufacturing, marketing, or sales
- 19. provider of investment funds to a start-up business in exchange for partial ownership of the business
- 20. certificate of ownership in a corporation
- 21. form of partnership where one or more partners are not active in the daily running of the business
- 23. economic institution that operates like a business but does not seek financial gain
- 26. nonprofit association performing some kind of economic activity
- 27. total amount of new funds the business generates from operations
- 28. payment made for the use of borrowed money
- 29. requirement that an owner is personally and fully responsible for all losses and debts of a business
- 32. nonprofit service cooperative that accepts deposit
- 33. measure of business profits determined by subtracting all expenses