Intro To Business S1 Review

1234567891011121314151617181920
Across
  1. 3. The type of capital provided by large investors seeking to make a profit.
  2. 4. Not having enough resources to satisfy every need.
  3. 7. Someone who takes a risk in starting a business to earn a profit.
  4. 11. The total value of all final goods and services produced in a country during one year.
  5. 13. A business owned and run by one person.
  6. 14. A business owned and controlled by two or more people.
  7. 15. In this type of economy goods and services are produced and consumed according to tradition.
  8. 18. Meeting the goals of an organization through the effective use of people and other resources.
  9. 19. Management activity of setting goals and developing strategies for the company.
  10. 20. In this type of economy the government owns and controlls all resources.
Down
  1. 1. In this type of economy the resources are owned and controlled by the people.
  2. 2. Businesses involved in selling the goods and services made by producers.
  3. 5. The private ownership of economic resources by individuals, rather than the government.
  4. 6. The highest point in the business cycle when most people are employed and the economy is booming.
  5. 8. A separate legal entity formed by documents filed with the state.
  6. 9. A written contract granting permission to operate a business to sell products and services in a set way.
  7. 10. An invention or creation that is brand new.
  8. 12. The point in the business cycle when unemployment is high and businesses are failing.
  9. 16. The quantity of a good or service that businesses are willing and able to produce.
  10. 17. The quantity of a good or service customers are willing and able to buy.