Entrepreneurship Test

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Across
  1. 2. Legal form of business in which two or more persons are co-workers, sharing profits and losses.
  2. 3. Finished goods, works in process of manufacture, and raw materials owned by a company
  3. 7. the sale of products and services over the Internet
  4. 8. A Limit set by a seller on the amount that a purchaser can buy on credit
  5. 9. A business form with one owner who is responsible for all of the firm’s liabilities.
  6. 11. A business arrangement in which the day to day operations aer controlled by one or more general partners and funded by limited or silent partners who are legally responsible to losses based on the amount of their investment.
  7. 13. Items of value that have no tangible physical properties, such as ideas.
  8. 14. Identifying and targeting markets not5 adequately served by competitors
  9. 15. A program that facilitates the location and the retrieval of information over the Internet
  10. 16. a program that enables users to access and navigate the World Wide Web
  11. 17. A legal entity created by two or more businesses joining together to conduct a specific business enterprise with bothparties sharing profits and losses.
  12. 20. A non-profit organization dedication to entrepreneurs’ education and the success of small business. Sponsered by SBA
  13. 21. an ownership interest in a business
  14. 22. The decrease in value of assets over their expected life by an accepted accounting method.
  15. 23. Loan Short term source of borrowed capital for which the borrower does not pledge any assets as collateral
  16. 27. Debts a business owes. Short term is under a year, long term is longer than a year
  17. 28. The process of researching, promoting, selling, and distributing a product or service.
  18. 31. Someone who recognizes a social problem and uses entrepreneurial principles to organize, create, and mange a venture to make a social change.
  19. 32. Shows a firm’s income and expenses, and the resulting profit or loss over a specified period of time.
  20. 34. The vast network of networks connecting millions of individual and networked computers worldwide
  21. 35. A computer system to provide access to info or Web Sites.
  22. 36. A relatively small amount of money provided to prove a concept.
  23. 38. individuals who have capital that they are willing to risk
  24. 39. A business form that is an entity legally separate from its owners.
  25. 40. Costs that vary as the amount produced or sold varies
  26. 41. A summary of a company’s cash flow over a period of time
  27. 42. The practice of using subcontractors or other businesses, rather than paid employees, for standard services.
Down
  1. 1. A person who organizes, operates, and assumes the risk for a business venture.
  2. 4. A written document detailing a proposed venture, covering current status, expected needs, and projected results for the enterprise.
  3. 5. Wide Web The part of the Internet that enables the use of multimedia text, graphics, audio, and video.
  4. 6. a form of legal protection for published and unpublished literary, scientific, and artistic works that have been fixed in a tangible or material form.
  5. 8. The ability of an asset to be converted to cash quickly without any price discount
  6. 9. Created in 1953, it is an independent agency of the U.S. federal government that aids, counsels, assists, and protects the interests of small businesses.
  7. 10. Dollar value of sales that will cover, but not exceed, all of the company’s costs
  8. 12. A business of any size or type whose primary office is in the owner’s home.
  9. 18. Linking Computer Systems together
  10. 19. A document describing a firm’s potential customers and a comprehensive strategy to sell them goods and services
  11. 24. The amount of money actually available to make purchases
  12. 25. an institution specializing in the provision of large amounts of long term capital to enterprise with a limited track record but with the expectation of substantial growth.
  13. 26. Summary statement of a company’s financial position at a given point in time.
  14. 29. a form of mentoring in which workspace, coaching, and support services are provided to entrepreneurs and early-stage businesses at a free or reduced cost.
  15. 30. A form of legal protection given to a business or individual for words, names, symbols, sounds, or colors that distinguish goods and services.
  16. 31. Funding provided to companies for use in product development and initial marketing.
  17. 33. An asset pledged as security for a loan
  18. 37. Cash or goods used to generate income
  19. 38. Items of value owned by a company and shown on the balance sheet