1.1 and 1.2 IB business

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Across
  1. 3. a business who does not need to disclose their financial records and shares are given out to the employees
  2. 4. people or organizations that purchase a product
  3. 5. business structure where members combine resources to develop a business that benefits all that utilize it
  4. 10. a business structure that sells small pieces of ownership to public
  5. 11. manufacturing businesses that take factors of production and create something of value
  6. 13. businesses that are allowed to operate on their own without government oversight
  7. 14. physical products that are sold to another business for either resale or use in developing an additional product
  8. 15. product that is done for the customers
  9. 17. physical products that are sold to the user of the product
  10. 18. businesses that focus their operations on extraction of natural resources
  11. 19. a growth strategy that involves adding businesses that get you closer or further from the resources or customers
Down
  1. 1. an individual who has complete control and retains all of the profits
  2. 2. restriction on the amount of money that can be lost if a business goes bankrupt
  3. 6. businesses that are regulated by the government
  4. 7. a developing sector due to advancements in technology
  5. 8. most businesses in developed countries operate in this sector
  6. 9. a growth strategy that involves acquiring similar businesses to expand markets
  7. 12. a group of 2-100 individuals who combine their resources to develop a business but must split the profits
  8. 16. people or organizations that use a product