THE NATURE OF BUSINESS

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Across
  1. 2. The exchange of one good or service for another without the use of money
  2. 4. Economic resources are owned and controlled by both the private and public sectors
  3. 5. A limited company with a minimum of 7 shareholders and shares can be quoted on the stock exchange
  4. 6. A business entity owned and controlled by one person
  5. 8. Focusing on one particular job and becoming expert at it
  6. 10. An individual or group with a direct interest in a business
  7. 12. Tangible products that satisfy customers' needs
Down
  1. 1. A business that uses the name and logo of an existing business
  2. 3. Shareholder stand to lose only his investment in the repayment of a debt
  3. 7. A business formed by 2 - 20 persons
  4. 9. Intangible products that satisfy customers' needs
  5. 11. Any item that is willingly accepted in exchange for goods and services