Basic Business Vocabulary

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Across
  1. 3. An individual or institution (including a corporation) that legally owns one or more shares of stock in a public or private corporation.
  2. 4. Any person, group, or organization that has an interest or concern in an organization.
  3. 9. A group of individuals elected to represent shareholders and ensure the company's prosperity by collectively directing the company's affairs.
  4. 11. An organization that uses its surplus revenues to further achieve its purpose or mission, rather than distributing its income to the organization's leaders, members, or shareholders.
  5. 13. A company or group of people authorized to act as a single entity and recognized as such in law.
  6. 15. The purchase of one company by another in which no new company is formed.
  7. 18. A company controlled by another company, known as the parent company or holding company.
  8. 19. A method of distributing products or services involving a franchisor, who establishes the brand’s trademark or trade name, and a franchisee, who pays a royalty and often an initial fee for the right to do business under the franchisor's name and system.
  9. 20. A business organization in which two or more individuals manage and operate the business with each person contributing finances, property, labor, or skill.
Down
  1. 1. This executive manages the company's finances, including financial planning, management of financial risks, record-keeping, and financial reporting.
  2. 2. The total amount of money that a company receives from its usual business activities, usually from the sale of goods and services to customers.
  3. 5. The highest-ranking person in a company, primarily responsible for making major corporate decisions.
  4. 6. A business that is owned and run by one individual with no distinction between the business and the owner.
  5. 7. The person in charge of information technology and computer systems that support enterprise goals.
  6. 8. Resources owned by a business that have economic value.
  7. 10. A company's financial debt or obligations that arise during the course of its business operations.
  8. 12. An executive responsible for the daily operation of the company, reports directly to the CEO.
  9. 14. A corporate structure in the United States whereby the company members are not personally liable for the company's debts or liabilities.
  10. 16. A young company founded by one or more entrepreneurs to develop a unique product or service and bring it to market.
  11. 17. A combination of two companies to form a new company.