1. 3. the making of goods by hand or by machine that upon completion the business sells to a customer.
  2. 5. a long-term liability a business takes on by borrowing money from its bank.
  3. 8. an arrangement between two companies that have decided to share resources to undertake a specific, mutually beneficial project
  4. 10. Having the right to market a product or service using the trademark or trade name of another business.
  5. 11. A way of business expansion by which the owner of a business
  6. 13. the business where economic transactions are conducted within the geographical boundaries of the one country.
  7. 16. Where two individuals collaborate to launch their shared ideas into a new partnered business.
  8. 17. a legal entity that is separate and distinct from their owners.
  9. 19. Someone who owns shares in a corporation an autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly-owned and democratically-controlled enterprise.
  10. 21. A time in which the shareholders of a company are dependable for all of its debts if the company fails financially
  1. 1. a business's (or a government's) decision to replace domestically supplied service functions with imported services produced offshore.
  2. 2. a business organization whose activities are located in more than two countries
  3. 4. activities that benefit companies without supplying physical products.
  4. 6. a business model that allows companies and individuals to buy and sell goods and services over the Internet.
  5. 7. The money available to fund its day to day operations and bankroll its expansion for the future.
  6. 8. Individual entrepreneurship, an enterprise owned and run by one person
  7. 9. Some of a company's earnings are distributed to a class of its shareholder's
  8. 12. represents the value that would be returned to a company's shareholders if all of the assets were liquidated
  9. 14. represent ownership of a company
  10. 15. combine two separate businesses into a single new legal entity
  11. 18. involves two or more businesses pooling their resources and expertise to achieve a particular goal.
  12. 20. one who organizes, manages, and assumes the risks of a business or enterprise