Across
- 3. A company that has their shares publicly listed on the stock exchange so they are available to be bought by the general public and other companies.
- 4. is someone who is willing to take the responsibility, risk and rewards of starting and operating a business.
- 8. A company that has their shares owned by a single shareholder or within a private group, such as a family.
- 9. A company is a business that is a separate legal entity from the people who have a financial interest in the business, known as shareholders.
- 11. A mission/vision statement shows what the business believes in and what it wants to achieve.
- 12. Business objectives are targets a business works towards. This should support the overall mission/vision of the business.
- 13. Liability The owner of the business is responsible for all debts and personal assets may be sold to cover these.
- 14. Specific, measurable, achievable/attainable, relevant, time based.
- 15. 2 or more people who wish to carry on business together with shared capital investment and shared responsibilities, with the view to making a profit.
Down
- 1. These record all money received by the business, usually in the form of sales.
- 2. Provides financial protection for the shareholders (owners) of a company. In the event of business failure the owners of the company only lose the money they contributed to the company in payment of the shares. Private asset cannot be touched.
- 5. Long term goal, that describe what the business wants to be or do. (provides direction)
- 6. People, Planet, Profit, Purpose
- 7. Origin or reason for being
- 10. A business owned and operated by one person.