Economics Chapter 8

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Across
  1. 2. purpose of business, number of shares of stock, and other features of the business
  2. 5. places where entrepreneurs can receive the training to build a successful start-up business.
  3. 7. merger combination of firms involved in different steps of manufacturing, marketing, or sales.
  4. 11. check paid to stockholders, usually quarterly, representing portion of corporate profits
  5. 13. investors informal and usually affluent investors who provide funds to less-promising start-ups.
  6. 14. gradual wear on capital goods.
  7. 16. capitalist provider of investment funds to a start-up business in exchange for partial ownership of the business.
  8. 17. written government approval to establish a corporation; includes company name,
  9. 18. measure of business profits determined by subtracting all expenses, including taxes, from revenues
  10. 19. merger combination of firms producing the same kind of product.
  11. 20. unincorporated business owned and run by a single person who has rights to all profits and unlimited liability for all debts of the firm; most common form of business organization in the United States
  12. 21. requirement that an owner is personally and fully responsible for all losses and debts of a business; applies to proprietorships and general partnerships
Down
  1. 1. stock of goods held in reserve; includes finished goods waiting to be sold and raw
  2. 3. corporation producing and selling without regard to national boundaries and whose business activities are located in several different countries.
  3. 4. report showing a business’s sales, expenses, and profits for a certain period, usually three months or a year.
  4. 6. people who own a share or shares of stock in a corporation
  5. 8. firm with four or more businesses making unrelated products, with no single business responsible for a majority of its sales.
  6. 9. using social networking to appeal to potential investors.
  7. 10. form of business organization recognized by law as a separate legal entity with all the rights and responsibilities of an individual, including the right to buy and sell property, enter into legal contracts, and to sue and be sued
  8. 12. to be used in production
  9. 15. total amount of new funds the business generates from operations; broadest measure of profits for a firm because it includes both net income and noncash charges.
  10. 22. formal contract to repay borrowed money and interest on the borrowed money at regular future intervals