Entrepreneurship key terms

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Across
  1. 2. Specific, measurable, achievable/attainable, relevant, time based.
  2. 4. A company that has their shares publicly listed on the stock exchange so they are available to be bought by the general public and other companies.
  3. 6. A business that is a separate legal entity from the people who have a financial interest in the business, known as shareholders.
  4. 8. Long term goal, that describe what the business wants to be or do. (provides direction)
  5. 9. someone who is willing to take the responsibility, risk and rewards of starting and operating a business.
  6. 10. Provides financial protection for the shareholders (owners) of a company. In the event of business failure the owners of the company only lose the money they contributed to the company in payment of the shares. Private asset cannot be touched.
  7. 13. People or groups of people who can be affected by, and therefore have an interest in any action by an organisation.
  8. 14. Stakeholders found outside the business - customers, shareholders, suppliers, government, local community, financial institutions, etc
  9. 15. Shows what the business believes in and what it wants to achieve.
  10. 16. A company that has their shares owned by a single shareholder or within a private group, such as a family.
Down
  1. 1. Stakeholders found within the business are the owners, employees, including managers.
  2. 2. A business owned and operated by one person.
  3. 3. The owner of the business is responsible for all debts and personal assets may be sold to cover these.
  4. 5. Origin or reason for being
  5. 7. Targets a business works towards. This should support the overall mission/vision of the business.
  6. 11. People, Planet, Profit, Purpose Social, Environmental, Economic, Cultural
  7. 12. 2 or more people who wish to carry on business together with shared capital investment and shared responsibilities, with the view to making a profit.