Forms of Business Organization
Across
- 1. A hybrid business form combining elements of partnerships and corporations with limited liability.
- 2. A system where each member has an equal say, common in cooperative societies.
- 4. The ability to manage and make decisions in a business.
- 7. Sharing The distribution of profits among partners or members of a business.
- 8. A society formed by individuals to achieve mutual economic benefits.
- 12. The units of ownership in a corporation.
- 13. The process by which ownership or management passes on to others in a business.
- 15. The state of having control or legal rights over a business or property.
- 17. The process of overseeing and making decisions for a business.
- 18. The head of a Hindu Undivided Family (HUF) business, managing operations and profits.
- 19. Liability The type of liability where owners or shareholders are only liable for the amount of their investment.
Down
- 1. The legal responsibility for debts and obligations in a business.
- 3. A large business organization separate from its owners, offering limited liability.
- 5. A business form where two or more individuals share ownership and management.
- 6. Individuals who join together to form a cooperative or partnership.
- 9. Liability The type of liability where the owner or partners are personally responsible for business debts.
- 10. The potential for loss or failure in a business venture.
- 11. Venture A business arrangement where two or more parties work together on a specific project.
- 12. Proprietorship A business owned and managed by a single individual.
- 14. The financial resources needed to start and run a business.
- 16. A traditional business form in India where a family runs the business with the head (Karta) in charge.