Entreprenuership

5. Funds needed and used to operate a business and make new purchases
6. Process of recording and reporting financial position of a business
9. Economy in which individuals have the freedom to control what they make and sell based on supply and demand
10. The desire and ability of buyers to purchase products
12. Financial statement reporting net income or net loss of a company
15. Department responsible for employment process and staff development
18. Four marketing strategies used to meet consumer needs
19. Items of value owned by a business

1. When revenue outweighs costs
2. Debts or obligations of a business
3. Businesses that provide goods and services but can only operate off of donations
4. Completing work or tasks by effectively allocating resources and includes planning, organizing, implementing, and controlling
7. The desire and ability of produces to offer a product for purchase
8. Businesses that create products from raw goods and materials
11. Financial statement reporting totals in asset, liability, and owner's equity accounts
13. Businesses that create finished goods for sale from raw materials
14. Organization that provides goods or services to earn profits.
16. A person that takes initiative to bundle resources in innovative ways and is willing to bare the risk of uncertainty.
17. Businesses being able to challenge each other for market share and customer loyalty