Intro to Entrepreneurship

12345678910111213141516171819202122232425262728
Across
  1. 2. limited resources with unlimited wants
  2. 6. Limited Liability Company, a common business format
  3. 8. proprietorship business owned and run by one person
  4. 11. a place or system where goods and services are exchanged
  5. 12. natural resources used to produce
  6. 13. tools, machinery, and buildings used in production
  7. 15. the initiative and risk taking people who start and manage a business
  8. 18. the nest best alternative forgone when making a decision
  9. 22. inputs used to produce goods and services
  10. 24. an organization focused on mission rather than profit
  11. 25. human effort in production
  12. 26. apple cofounder "failure leads to success"
  13. 28. building relationships to support business growth
Down
  1. 1. required government payments by businesses and individuals
  2. 3. rivalry among businesses for customers
  3. 4. consumer willingness to purchase goods/services
  4. 5. the possibility of loss an entrepreneur must accept
  5. 7. legal responsibility for debts or actions
  6. 9. official permission to operate a business
  7. 10. rules governing business operations
  8. 14. a business that licenses the right to sell another company's products
  9. 16. entrepreneur known for Tesla and space X
  10. 17. the quantity of goods or services available
  11. 19. the quality of not giving up despite challenges
  12. 20. the financial gain after expenses are subtracted from revenue
  13. 21. a legal entity, separate from its owners
  14. 23. introducing new ideas, products, or methods
  15. 27. a clear future goal or idea for a business