Business

4. an agree
6. organisations accountable to and controlled by central or local government(the state)
8. a business with mainly social objectives that re-invests most of its profits into benefiting society rather than maximising returns to owners
9. economic resources are owned, planned and controlled by the state
10. a business in which one person provides the permanent finance and, in turn, has full control of the business and is able to keep all of the profits
14. a person or institution owning shares in a limited company
15. the total value of all long-term finance invested in the business
17. the physical goods used by industry to aid in the production of other goods and services, such as machines and commercial vehicles
18. the total value of sales made during the trading period = selling price x quantity sold
20. the next most desired option that is given up

1. a business formed by two or more people to carry on a business together, with shared capital investment and, usually, shared responsibilites
2. a business organisation that has its headquarters in one country, but with operating branches, factories and assembly plants in other countries
3. an offer to the public to buy shares in a public limited company
4. the total value of a company's issued shares
5. sales of the business as a propotion of total market sales
7. a business enterprise owned and controlled by the state - also known as a nationalised industry
11. the difference between the cost of purchasing bought-in inputs(materials) and the selling price of the finished goods.
12. a person or business that buys the right from the franchiser to operate the franchise
13. business owners have full legal responsibility for the debts of the business
16. two or more businesses agree to work closely together on a particular project and create a separate business division to do so
19. the legal right to use the name, logo and trading systems of an existing successful business