Types of Business Organization
Across
- 2. These are people who are major shareholders in the company but who also have control over it; they are elected by other shareholders in the AGM.
- 6. An incorporated, limited type of business organization that allows shares to be sold to the public through the stock market.
- 11. When, for the first time, shares of a public limited company are made available through the stock market.
- 15. When the owners of a business and the business itself are separate legal identities, in addition to having limited liability.
- 16. These are people who have shares in the company, but do not run or manage the company.
- 17. A partner with unlimited liability
- 18. When the owners of a business and the business itself are one legal identity, in addition to having unlimited liability.
- 20. An annual meeting between directors and shareholders of a company to vote on major company decisions, to inform them on company performance, elect new directors, etc.
Down
- 1. An unincorporated, unlimited type of business organization that is owned, financed and run by 2 to 20 people that also requires a deed of partnership to be used.
- 3. The business organization that buys the rights to use the company's brand name, business name, production method, etc.
- 4. When investors only repay for the capital they've invested in the business.
- 5. A partner that only provides money and receives profit returns but isn't involved with management.
- 7. An incorporated, limited type of business organization that only allows shares to be sold to invited shareholders.
- 8. liability The liability on business owners to repay all of the debts of their business;
- 9. An agreement between a company with another business organization to allow the distribution of the company's goods and services and the use of its brand name or trademark through the other business organization;
- 10. A partner with limited liability
- 12. owner/s are personally and fully responsible for all losses and debts of the business
- 13. The company that allows the distribution of its goods and services; it usually is well-known, has an identity with a market and brand name for its product.
- 14. An unincorporated, unlimited type of business organization that is owned and controlled by one person who also receives all profits.
- 19. A contractual agreement between two or more business organizations to run a new business project.