Across
- 4. Addressing and interpreting the information gathered in an environmental scan
- 6. A formal written summary of a business and/or financial security provided to potential investors
- 9. A business owned and managed by one person is known as this
- 10. A written agreement between two or more people identifying how the partners will add capital, labor or other assets and divide the profits
- 13. A group of elected or appointed people who oversee activities of an organization; publicly traded companies must have one of these; an abbreviation
- 15. An advantage that your business has over competitors that puts your business AHEAD of competitors
- 16. A share of a corporation’s profits distributed to shareholders
- 18. Things that a firm does extremely well, which SOMETIMES give it an advantage over competition
- 22. The name given to an owner/operator of a business
- 23. A general share of ownership in a company; 1 of 2 types of stocks we discussed; typically includes voting rights for the board of directors
Down
- 1. An official document through which a state grants the power to operate as a corporation
- 2. A person or business to which money is owed is known as this
- 3. Business that is legally considered an entity separate from its owners and is liable for all of its own debts; owners have limited liability
- 5. Analysis of outside influences that may have an impact on an organization
- 7. An assessment of a company’s strengths, weaknesses, opportunities and threats that surround it
- 8. One type of partnership where two or more owners who share operations and financial responsibility for a firm; all owners have unlimited liability
- 11. Legally defined type of business ownership in which at least two individuals share management, profits and responsibility for running a business; we discussed two specific variants of this form of business ownership
- 12. One type of partnership; involves at least one managing partner and one limited partner; typically one managing partner urns the business day-to-day and has unlimited liability
- 14. The name given to the partner who runs the business day-to-day in a limited partnership; he/she has unlimited liability
- 17. A share of ownership in a company
- 19. A corporation that offers its shares of stock for public sale; 1 of 2 types of corporations we discussed
- 20. Another name given to an owner of stock
- 21. A corporation that does not offer its shares of stock to the public for purchase