Unit 2 - The Push & Pull of Business
Across
- 1. the original business in a franchise agreement. The entity that started the business process & model
- 4. a type of producer that takes natural resources from nature for direct consumption (oil company)
- 6. a type of producer that raises livestock or grows crops
- 10. the type of risk associated with the potential loss to your health an well-bring
- 12. when taxes are paid at the corporate level AND by individual shareholders
- 13. the individual or business that purchases the rights to a franchise agreement and an existing business model
- 16. full responsibility for all debts and actions of a business
- 19. a document setting out a business's future objectives and strategies for achieving them
- 24. an owner of a corporation
- 26. the decision makers in a corporation
Down
- 2. a type of business that acts as the "middle". Retailers and wholesales purchase things from producers then sell them to other businesses or individuals
- 3. form of business ownership that operates apart from owners, issue shares of stock and have perpetual existence
- 5. a hybrid form of ownership that creates a corporate veil to protect personal assets, has pass-through taxation
- 7. form of business ownership that is owned and operated by 2 or more people who takes on all liability
- 8. a contract that grants rights to a businesses proprietary information, processes, and established business model
- 9. a type of business that does not offer tangible stuff. They offer a job provided for the satisfaction of someone else.
- 11. the initial and overall amount of payment for purchasing insurance and having an insurance policy
- 14. a polcyholders request for payment if something were to cause a loss within the business
- 15. when you're only responsible for the initial amount of your investment. You are not responsible for debts and actions of the business.
- 17. a type of business that makes other goods available to other business or individual consumers
- 18. The terms and conditions of an insurance agreement
- 20. form of business ownership that is owned and operated by 1 person who takes on all liability
- 21. when all income tax is paid by the business owner, and the business itself does not pay taxes
- 22. a type of producer that takes resources from other producers and makes a new product (car maker)
- 23. the type of risk associated with the potential loss to assets (vehicles, buildings, etc.)
- 25. the type of risk associated with the potential of incurring financial loss