Interactive Crossword Activity
Across
- 2. refers to the full legal responsibility that business owners and partners assume for all business debts.
- 6. a company that is controlled democratically by many members.
- 7. a financial institution licensed to receive deposits and make loans. Banks may also provide financial services such as wealth management, currency exchange, and safe deposit boxes.
- 8. A summary of a company's financial needs or goals for the future and how to achieve them.
- 12. another way firms understand an organization’s competencies and the value of resources.
- 14. the future of production. It can help in efficient manufacturing or setting up of a production site by facilitating required needs.
- 15. any entrepreneurial enterprise that’s created to make money.
- 17. The action or process of investing money for profit or material result.
- 18. a company or group of people authorized to act as a single entity (legally a person) and recognized as such in law
- 19. a company engaged in the business of dealing with financial and monetary transactions such as deposits, loans, investments, and currency exchange.
- 20. the action or business of promoting and selling products or services, including market research and advertising.
Down
- 1. a type of legal structure for an organization where a corporate loss will not exceed the amount invested in a partnership or limited liability company
- 3. Fill in the blank. A disadvantage of a partnership is that it is difficult to find _____ _____
- 4. an unincorporated business owned by a single person who is responsible for its liabilities and entitled to its profits.
- 5. three word term that is a disadvantage of a partnership business.
- 9. a written document that describes in detail how a business—usually a startup—defines its objectives and how it is to go about achieving its goals.
- 10. a type of financial cooperative that provides traditional banking services. Ranging in size from small, volunteer-only operations to large entities with thousands of participants
- 11. a business or firm owned and run by two or more partners
- 13. a form of private equity and a type of financing that investors provide to startup companies and small businesses that are believed to have long-term growth potential.
- 16. Fill in the blank. a corporation is the most ______ business type to organize.