Topic 5 Vocab

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