Foundations of Business Terms

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Across
  1. 5. A rule that explains how business will be conducted by a corporation
  2. 6. A corporation that requires its owners to file their profits and losses on their personal tax returns
  3. 7. Employees of a business sell a product directly to a consumer
  4. 13. A portion of a corporation’s income received by stockholders
  5. 15. A company that is created to benefit a public interest
  6. 17. A group of individuals who represent stockholders and make high-level policy and management decisions for a corporation
  7. 18. A form of business owned by two or more individuals who share management and profit
  8. 19. Business model where customers pay a subscription price for a product
  9. 20. A business owned and operated by a single individual
  10. 21. The collection of small investments from a large number of individuals to finance a business
  11. 22. A company’s plan for making a profit
Down
  1. 1. Type of ownership that joins elements of a corporation and a partnership
  2. 2. A legally binding contract that establishes a partnership
  3. 3. Business model where a company provides goods or services for free but later charges for extra features
  4. 4. Involves at least one general partner who assumes operations control and unlimited liability, as well as one or more limited partners
  5. 8. A document that outlines the procedures for how an LLC will function
  6. 9. A business owned by stockholders who share in profits and losses
  7. 10. The way a company’s mission relates to its structure
  8. 11. An organization that generates income for its owners
  9. 12. Gives the owners full control over management,operations, and business decisions regarding the company
  10. 14. A share in ownership and a claim to a portion of a corporation’s profits
  11. 16. Business model where the owner of a company grants another business owner the right to use the owner company’s name