Business Fundamentals_Revision

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Across
  1. 2. The form of business ownership which can issue shares to the public.
  2. 3. A partner's act are binding on other partners.
  3. 7. The liability of the owner is confined to the amount of his investment only.
  4. 8. Accessing technological innovation worldwide
  5. 10. The type of partner who cannot take part in the business and enjoy limited liability.
  6. 11. The type of partner who can take part in the business and bear unlimited liability.
  7. 13. The firm's existence is not affected by any investor's death and withdrawal.
  8. 14. Production activities that turn raw materials into finished goods or semi-finished goods.
Down
  1. 1. Production activities that provide services.
  2. 4. Contracting out a production process or a business function to another firm within or outside the country or region.
  3. 5. Sourcing goods and services from different countries or regions.
  4. 6. Production activities that directly extract or utilise natural resources.
  5. 9. Limited companies are ____________ which can act as a legal person to sue or be sued.
  6. 12. entrpreneurs are willing to take _________.