Across
- 2. An intermediary enterprise that purchases goods in bulk from manufacturers to resell and distribute them to retailers or commercial buyers.
- 6. An unincorporated business owned and operated by a single person who retains all profits and assumes unlimited personal liability for debts.
Down
- 1. A business arrangement between two or more co-owners who share management duties, profits, losses, and financial liabilities according to an agreement.
- 3. A distinct legal entity separate from its owners (shareholders) that provides limited liability, capability to issue stock, and perpetual operations.
- 4. The business strategy of contracting external third-party vendors to perform business processes, tasks, or operations rather than managing them internally.
- 5. The business function dedicated to identifying, anticipating, creating, communicating, and delivering value to satisfy customer needs profitably.
- 7. A flexible corporate structure offering pass-through income taxation while protecting owners (members) from personal liability for business debts.