Unit 2 - The Push & Pull of Business

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