Topic 5 Vocab
Across
- 3. The portion of corporate profits paid out to stockholders
- 4. At the intersection of the supply and demand for labor.
- 5. Authorization to operate a business issued by a local government.
- 7. A business organization owned and operated by a group of individuals for their shared profit.
- 9. A formal contract issued by a corporation or other entity that includes a promise to repay borrowed money with interest at fixed intervals.
- 14. An arrangement between two or more people to oversee business operations and share its profits and liabilities.
- 15. A measure of economic performance that compares the amount of output with the amount of labor used to produce that output.
- 16. An enterprise owned exclusively by one natural person and in which there is no legal distinction between the owner and the business entity
- 18. A specialized form of general partnership.
Down
- 1. A 'not-for-profit organization' made up of a collection of companies and/or individuals with common interests or who work in the same industry.
- 2. Someone who performs manual labor, often in a manufacturing job, and who earns hourly wage.
- 5. The ownership structure of a company or firm
- 6. A business arrangement by which two or more individuals agree to share responsibilities, assets, profits, and financial and legal liabilities of a jointly-owned business
- 8. A group organized for purposes other than generating profit and in which no part of the organization's income is distributed to its members, directors, or officers.
- 10. The transferring activities or ownership of a complete business process to a different country from the country (or countries) where the company receiving the services is located
- 11. Demand for a factor of production or intermediate good that occurs as a result of the demand for another intermediate or final good
- 12. A legal entity, or being, owned by individual stockholders.
- 13. The sum of the employed plus the unemployed,
- 17. the business practice of hiring a party outside a company to perform services or create goods that were traditionally performed in-house by the company's own employees and staff.
- 19. To refuse to continue working because of an argument with an employer about working conditions, pay levels, or job losses