ULIS-10th grade/Chapter 3 Enterprise, business growth and size

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Across
  1. 4. Integration that occurs when one business merges with or takes over another one in the same industry at the same stage of production.
  2. 6. Occurs when the owners of two businesses agree to join their businesses together to make one business.
  3. 7. Integration that occurs when one business merges with or takes over another one in the same industry but at a different stage of production. It can be forward or backward.
  4. 9. A document containing the business objectives and important details about the operations, finance and owners of the new business.
  5. 10. The total value of capital used in the business.
Down
  1. 1. An acquisition that occurs when one business buys out the owners of another business, which then becomes part of the ‘predator’ business.
  2. 2. Integration that occurs when one business merges with or takes over a business in a completely different industry. This is also known as diversification.
  3. 3. A person who organizes, operates and takes the risk for a new business venture.
  4. 5. Growth that occurs when a business expands its existing operations.
  5. 8. Growth that occurs when a business takes over or merges with another business.