Unit 3 Management - Ch. 10, 11, 12
Across
- 4. a "contract" signed by partners delegating responsibilities, profit shares, and other important information.
- 5. a sales tax that applies only to selected goods or services, such as cigarettes and gasoline.
- 10. when a business itself is not taxed, and business income tax passes through to the owners income.
- 12. government gives an author the sole right to reproduce, publish, and sell literary or artistic work for the life of the author, typically, plus 70 years
- 13. exists when only one company provides a product or service without competition from other companies.
- 15. a distinguishing name, symbol, or special mark placed on a good or service that is legally reserved for the sole use of the owner
- 17. a business that is registered by a state and operates apart from its owners; it issues shares of stock.
- 19. a legal process that allows the selling of assets to pay off debts.
- 20. a contract/business model in which you purchase the rights to an existing business model to open a new location.
- 21. a tax at the corporate level and the shareholder level seen in a corporation.
- 23. an agreement in which the federal government gives an inventor the sole right for 20 years to make, use, and sell an invention or a process.
- 24. (or flat tax) is one in which the tax rate remains the same regardless of the amount on which the tax is imposed.
- 25. a computer that stores data and application software for all workstations.
- 27. The process of working from a remote location using technology
- 28. a tax on material goods owned.
Down
- 1. An unincorporated business owned and controlled by two or more people.
- 2. full responsibility for all debts and actions of a business.
- 3. a tax levied on the retail price of goods and services at the time they are sold.
- 6. the name given to the data storage systems over widely dispersed Internet networks
- 7. a tax on real estate, which is land and buildings
- 8. integrates data from various departments to make the information available to help managers with day-to-day business operations
- 9. a collection of data organized in a way that makes the data easy to find, update, and manage.
- 11. a tax on the profits of businesses and the earnings of individuals
- 14. a hybrid business structure that has limited liability, but pass-through taxation
- 16. A business that is owned and operated by one person.
- 18. partial responsibility of a corporate shareholder; they are responsible only up to the amount of the individual investment.
- 22. a tax based on the ability to pay.
- 26. sometimes called a certificate of incorporation, this is the official document which a state grants power to operate as a corporation.