Types of businesses organizations
Across
- 4. When the owners of a business and the business itself are one legal identity, in addition to having unlimited liability.
- 5. 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.
- 11. The business organization that buys the rights to use the company's brand name, business name, production method, etc.
- 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.
- 15. When the owners of a business and the business itself are separate legal identities, in addition to having limited liability.
- 16. A contractual agreement between two or more business organizations to run a new business project.
- 18. When investors only repay for the capital they've invested in the business, this is called ... liability.
- 19. An agreement between the franchisor and the franchisee to allow product distribution.
Down
- 1. An unincorporated, unlimited type of business organization that is owned and controlled by one person who also receives all profits.
- 2. ...is a partner with unlimited liability.
- 3. Firms funded by taxes on the private sector to provide essential goods and services (e.g. water, electricity, education, etc.)
- 6. The liability on business owners to repay all of the debts of their business, this is called ... liability.
- 7. An annual...is a meeting between directors and shareholders of a company to vote on major company decisions, to inform them on company performance, elect new directors, etc.
- 8. 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.
- 9. An incorporated, limited type of business organization that allows shares to be sold to the public through the stock market.
- 10. An incorporated, limited type of business organization that only allows shares to be sold to invited shareholders.
- 11. When, for the first time, shares of a public limited company are made available through the stock market.
- 12. Role of business owner is reduced to being a branch manager as most decisions are made by franchisor, this is a ... of having a franchise as a franchisee.
- 14. ...is a partner with a limited liability.
- 17. These are people who have shares in the company, but do not run or manage the company.