Topic 5 Vocab
Across
- 6. Merger of 3 or more unrelated businesses joining
- 9. When 2 or firms competing in the same market join together
- 10. Business owned by 2 or more people who agree on a division of responsibilities and profits
- 12. Type of worker with no specialized skills
- 13. Act passed in 1947 that allows states to pass right to work laws
- 14. Type of worker with specialized abilities and need little supervision
- 18. Most complex form of business owned by individual stockholders
- 19. Partnership where one person holds the liability and the other invests the money
- 20. Made up of all nonmilitary people who are employed and unemplayed
Down
- 1. Semi independent business that pays fees to a parent company for the exclusive right to sell something in an area
- 2. When 2 or more firms involved in different stages of production join together
- 3. Wages will vary according to
- 4. Organizations without owners that provide benefits to the public
- 5. When a business doesn't disappear with the death or retirement of the owner
- 7. Unions are strongest with these type of workers
- 8. Often referred to as temporary workers
- 11. Type of business owned by 1 person
- 15. Type of worker with minimal skills; may need to know how to use equipment
- 16. What unions used to accomplish their goals
- 17. Business organization owned and operated by a group of individuals for their shared benefit